Binding Moratorium on Next Insurance

Binding Moratorium on Next Insurance

Next Insurance has announced that they have suspended new business writings for our Inland Marine product, as well as Commercial Auto (due the physical damage part of the coverage), for the states of AL, FL, LA, MS and TX.  

Inland Marine and Commercial Auto products are the only product lines that will be affected, and they anticipate bringing them back on-line as soon as possible after the hurricane.

We will announce once these lines of business are back open again for quoting & binding.

    • Related Articles

    • Importance of Flood Insurance during Hurricane Season

      Hurricane season officially begun June 1st and will continue until November 30. London Underwriters' goal is to prepare agents for the impending impact this storm season will have on insureds. The importance of flood insurance increases as the storms ...
    • 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 ...
    • Binding Moratorium: Tropical Depression 13 and 14

      Issued On: August 21st, 2020 Effective Date: 04:00 p.m. EST Territory Impacted: Florida, Texas, Louisiana, Mississippi, Alabama Lines of Business Impacted: Residential & Commercial Property requiring windstorm coverage, Inland Marine, Cargo and ...
    • Binding Moratorium - Hurricane Sally

      Issued On: September 12th, 2020 Effective Date: 8:00 p.m. EST Territory Impacted: Florida Pan Handle, Louisiana, Alabama, Mississippi and Georgia Lines of Business Impacted: Residential & Commercial Property requiring windstorm coverage, Inland ...
    • Binding Moratorium - Hurricane Delta

      Issued On: October 6th, 2020 Effective Date: 2:00 p.m. EST Territory Impacted: Alabama, Florida Panhandle, Georgia, Louisiana, Mississippi and Texas Lines of Business Impacted: Residential & Commercial Property requiring windstorm coverage, Inland ...