Issued On: Friday, August 27th 2021
Effective Date: 9:00 a.m. EST
Territory Impacted: Louisiana, Mississippi and Alabama
Binding Moratorium - Tropical Storm Ida
Effective Friday, August 27th, 2021 at 9:00 a.m. EST, London Underwriters issued a binding moratorium for all policies requiring windstorm coverage in Texas, Louisiana, Mississippi and Alabama.
The Moratorium applies to both Commercial and Residential lines property business requiring windstorm coverage, including but not limited to the following products: HO6, Commercial Property, Inland Marine, Cargo and Yachts.
This binding moratorium 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.
Best Wishes,
London Underwriters
(866) 245-5197 option 5
Related Articles
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: Tropical Storm Beta (Texas & Louisiana)
Issued On: September 18th, 2020 Effective Date: 2:00 p.m. EST Territory Impacted: Texas & Louisiana Lines of Business Impacted: Residential & Commercial Property requiring windstorm coverage, Inland Marine, Cargo and Yachts Business Type: 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, ...
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 ...