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Weather-Related Underwriting and Coverage Moratoriums

In another article entitled "Binding Authority Weather Restrictions," we discussed how nebulous (and onerous) some underwriting restrictions can be when they're based on rapidly developing weather conditions. With the recent series of Gulf Coast hurricanes, similar situations arose involving both underwriting and coverage restrictions, one of which appears to violate the policy itself. In this article, we'll further explore what may or may not be permitted by the contract or underwriting guidelines.

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