What are the CAT Underwriting updates in Tier 1 in Texas, Louisiana, Mississippi, Alabama, Florida, Georgia, South Carolina, North Carolina, Virginia, and Tier 2 Florida?

Beginning 7/1/22, the following updates apply:

  • No frame construction
  • No accounts 5 miles and closer to the coast
  • Max TIV per account of $2mil (excluding business interruption)

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