Binding Moratorium - Tropical Storm Isaias: Florida
Issued On: Thursday, July 30th, 2020 Effective Date: 10:00 a.m. EST Territory Impacted: Florida
Lines of Business Impacted: Residential & Commercial Property requiring windstorm coverage, Inland Marine, Cargo and Yachts Business Type: New Business and Endorsements to lower deductibles or add/increase coverage |
|
|
Binding Moratorium: Tropical Storm Isaias - Florida
Effective Thursday, July 30th, 2020 at 10:00 a.m. EST, London Underwriters will be issuing a New Business and Endorsement binding moratorium for all policies requiring windstorm coverage in the State of Florida.
The Moratorium applies to both Commercial and Residential lines property business requiring windstorm coverage, including but not limited to the following products: Commercial Property, Residential Property including HO6, Inland Marine, Cargo and Yachts.
This binding moratorium only applies to new business and expired renewals, as well as new additions and/or exposure or limit increases to existing policies. We will communicate any further updates regarding this binding moratorium via email, social media and on our website.
If you have any further questions regarding this binding moratorium, please contact the Business Development team by replying to this email or calling (866) 245-5197. |
|
Related Articles
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 ...
LU Lifts Binding Moratorium : Tropical Storm Cristobal
Effective June 9, London Underwriters has lifted the Binding Moratorium due to Tropical Storm Cristobal. The Moratorium applied to new business and expired renewals for business regarding windstorm coverage, including, but not limited to, the ...
LU Binding Moratorium: Tropical Storm Cristobal
Issued On: June 3rd, 2020 Effective Date: 5:00 p.m. EST Territory Impacted: Texas, Louisiana, Mississippi, Alabama Lines of Business Impacted: Residential & Commercial Property requiring windstorm coverage, Inland Marine, Cargo and Yachts Business ...
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 Storm Zeta
Issued On: Monday, October 26th, 2020 Effective Date: 9:00 a.m. EST Territory Impacted: Georgia, Louisiana and Florida Panhandle Counties (Bay, Calhoun, Escambia, Franklin, Gadsden, Gulf, Holmes, Jackson, Leon, Liberty, Okaloosa, Santa Rosa, Wakulla, ...