nonrenew

Verb

 * 1) Not to renew; to discontinue or terminate.
 * 2) * 1998, United States. Congress. House. Committee on Ways and Means. Subcommittee on Health, Implementation of the Health Insurance Portability and Accountability Act: Hearing... (volume 4, page 145)
 * One possible interpretation is that when a carrier stops writing new business, it has discretion about whether to nonrenew existing business, but if it does choose to nonrenew, it must nonrenew all existing business.