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Notification of auto insurance cancellation. Requires an insurer to notify the bureau of motor vehicles (BMV) if a motor vehicle insurance policy is canceled before the expiration date of the policy. Requires the BMV to revoke the operator's license of a person who was a policyholder under a canceled policy if the person fails to inform the BMV of how the person will maintain financial responsibility on the person's vehicle after cancelling the policy, unless the person receives an exemption from the BMV.