Issued On: September 28th, 2020
Effective Date: 11:00 a.m. EST
Territory Lifted: Louisiana & Mississippi
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
Binding Moratorium Lifted: Tropical Storm Beta
Effective September 28th at 11:00 a.m. EST, London Underwriters has lifted the Binding Moratorium in the State of Louisiana & Mississippi
Please note that all binding requests for new business or increases in coverage to existing policies in the affected areas of Tropical Storm Beta 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.