Binding Moratorium Lifted - All Territories

Binding Moratorium Lifted - All Territories

Binding Moratorium Lifted - All Territories


Issued On: August 31st, 2020

Effective Date: 9:00 a.m. EST

Territory Lifted: Louisiana, Mississippi, Alabama, Arkansas and Oklahoma

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

Business Type: New Business and 

Endorsements to lower deductibles or add/increase coverage

     

Effective August 31st, 2020 at 9:00 a.m. EST, London Underwriters will be lifting the Binding Moratorium in the States of Louisiana, Mississippi, Alabama, Arkansas and Oklahoma.


Please note that all binding requests for new business or increases in coverage to existing policies in the affected areas of Hurricane Laura 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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