Binding Moratorium Lift: East Coast

Binding Moratorium Lift: East Coast

Binding Moratorium Lifted - East Coast


Issued On: August 5th, 2020

Effective Date: 11:30 a.m. EST

Territory Lifted: Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, New Jersey, New York, Connecticut, Massachusetts, New Hampshire, Rhode Island, Vermont and Maine.

Lines of Business Available: Residential & Commercial Property requiring windstorm coverage, Inland Marine, Cargo and Yachts   

Business Type: New Business 

     

Effective August 5th, 2020, 11:30 a.m. EST, London Underwriters has lifted the new business Binding Moratorium in the states listed above for all admitted and E&S markets.


Please note that all binding requests for new business or increases in coverage to existing policies in the affected areas of Hurricane/Tropical Storm Isaias are subject to written verification of No Known Loss or Damage. Your Underwriter will work with you directly on any additional documentation that is needed to bind.

We will communicate any further updates regarding this binding moratorium lift via email, social media and on our website.

If you have any further questions, please contact the Business Development team by replying to this email or calling (866) 245-5197. 

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