Effective immediately, we have implemented a property binding restriction for the state of Florida due to the potential for serious loss from Hurricane Milton.
Our underwriting guides prohibit the binding of any new business that includes property or inland marine or the increasing of any property or inland marine limit on an in-force policy written near an imminent catastrophe. These rules will remain in force until notice is given that the prohibition has been lifted.
During this period, we will accept binders for all renewals at the limits and terms in our renewal quote.
We trust that you will be safe, and we thank you for your attention to this matter.
View: Preparing for a Tropical Store
This restriction will remain in force until you have been notified it has been removed. Please view the full binding prohibition here.