The reason or reasons for the intended nonrenewal action shall must accompany the notice of intent not to renew and the reason or reasons shall must be explicit. Explanations such as "underwriting reasons," "underwriting experience," "loss record," "location of risk," "credit report" and similar insurance terms are not by themselves acceptable explanations of an insurer's intended nonrenewal of a policy insuring property of the kind defined in section 3048. The reason for nonrenewal shall must be a good faith reason rationally and related to the insurability of the property or a ground for cancellation pursuant to section 3049.

This section shall does not apply:

1. If the insurer has manifested its willingness to renew; or

2. If the insured fails to pay any premium due or any advance premium required by the insurer for renewal.

Sec. A-9. 24-A MRSA §3054, as amended by PL 1989, c. 172, §8, is further amended to read:

§3054. Hearing before Superintendent of Insurance

Any A named insured who has received a statement of reason for cancellation, or of reason for an insurer's intent not to renew a policy, may, within 30 days of the receipt of a statement of reason, request a hearing before the Superintendent of Insurance. The purpose of this hearing shall be is limited to establishing the existence of the proof or evidence used by the insurer in its reason for cancellation or intent not to renew. The burden of proof of the reason for cancellation or intent not to renew shall be upon is on the insurer. If an insurer's reason for nonrenewal is not based on a ground for cancellation permitted under section 3049, the insurer must provide proof or evidence that the reason for nonrenewal is a good faith reason and related to the insurability of the property.__A statement