We are adjusting our TIV limits and select construction appetite in Oklahoma, Texas, and coastal regions in New York.
We are no longer a market for the following:
- Frame construction in coastal Tier 1 regions in New York
- Locations with TIV over $2MM in coastal Tier 1 regions in New York
- Risks over $2MM in total TIV in the states of Texas and Oklahoma
This change applies to both new business beginning March 29, 2024 and renewals beginning with the effective date of May 1st, 2024. Non-renewal notice for the current policy will be communicated compliantly per state requirements.