Binding Restrictions Due to Tropical Storm Isaias
Aug 4, 2020
We have received cease to bind notices from some of our carriers. Please contact your underwriter if you have questions on a binder. These restrictions are in place due to Tropical Storm Isaias. Please send all bind requests along the East Coast today because we anticipate more binding restrictions. We will continue to update the website as we receive notices from our carrier partners.
Florida – Commercial and Personal Lines Property and Inland Marine Lines for all companies
Ategrity – Property in GA, NJ, NY and PA
Beazley – Property in Tier 1 and Tier 2 Counties in GA, SC and NC
Global Indemnity Group – Property in Tier 1, Tier 2 and adjacent Counties in GA, SC, NC and VA
Great American – Property and Inland Marine Lines in GA, SC, NC and VA
IAT – Property in Tier 1 and Tier 2 Counties in GA, SC, NC and VA
IFG – Property in Tier 1, Tier 2 and adjacent Counties in GA, SC, NC and VA
Nationwide E&S – Property in SC, NC and GA
Tower Hill Specialty – Personal Property in Tier 1 and Tier 2 Counties in NC
Can I still quote and bind liability business?
During a storm, most carriers remain open to binding liability business. Please review the SIU website information for more on each carrier’s restrictions.
Do restrictions apply to renewal business?
Renewals will be bound as long as there is no change in coverage. Any changes in coverage cannot be considered until the moratorium is lifted.
What if I sent my bind request in prior to the bind restriction being put in place?
Bind requests received prior to a carrier announcing binding restrictions will be processed. Renewals will be bound as long as there is no change in coverage. Any changes in coverage cannot be considered until the moratorium is lifted.
How do we reach SIU in the event the Florida office is closed?
All calls will be routed to our Alpharetta, GA location. You can reach us directly at 678-498-4500.
Notification will be sent once binding restrictions have been lifted. Thank you for your immediate attention.
Please check with your underwriter for more details on a particular risk:
SIU Main PH: 678.498.4500
FL Main PH: 407.671.7464
The following link will allow you to view the National Weather Service’s National Hurricane Center: http://www.nhc.noaa.gov/index.shtml. The website will reflect the most recent changes in a storm’s activity.
Please check back frequently for updates.