London Underwriters Issues Binding Moratorium - Tropical Storm Fay
Binding Moratorium - Tropical Storm Fay
Effective July 10th, 2020 at 02:00 p.m. EST, London Underwriters will be issuing a New Business Binding Moratorium for all policies requiring windstorm coverage in the States of New Jersey, Rhode Island, Connecticut, Virginia, and Vermont.
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 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 emailing help@londonuw.com or calling (866) 245-5197.
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