Safeguards in Place for Customers in Louisiana, Connecticut
SAN DIEGO (Sept. 17, 2021) — To assist businesses impacted by Hurricane Ida, ICW Group Insurance Companies, a leading group of property and casualty carriers, announces it is implementing safeguards to assist policyholders in the impacted states, including Louisiana and Connecticut.
ICW Group is enacting the following directives as outlined by the Insurance Commissioners for the Connecticut and Louisiana insurance departments. ICW Group will monitor the aftermath of Hurricane Ida and enact additional safeguards as needed.
Currently, the safeguards include:
- Louisiana: Effective August 26, 2021, policyholders impacted by Hurricane Ida will receive a moratorium on cancellations and non-renewals. While the directive from the state is for specific parishes, ICW Group is extending this safeguard to all policyholders in the state of Louisiana. The moratorium does not apply to policies issued after August 26 and is expected to remain in effect until September 27, 2021.
- Connecticut: Effective September 2, 2021, impacted policyholders may be given an extended grace period for the payment of premium and will receive prompt processing of all claims. An expiration date has not been announced for this notice.
“ICW Group wants to do its part to help customers impacted by Hurricane Ida and hope to offer peace of mind,” said Kevin Prior, president and CEO, ICW Group. “Policyholders can count on us to be there for them during their time of need. Our hearts go out to all who are impacted.”
About ICW Group
Based in San Diego, ICW Group Insurance Companies is the largest privately held insurance company domiciled in California. Quoting more than $3 billion annually, ICW Group represents a group of Workers’ Compensation, Assumed Reinsurance and Catastrophe insurance carriers, including Insurance Company of the West and Explorer Insurance Company. ICW Group is recognized nationally as an industry leader in helping policyholders achieve fewer and less costly claims while elevating the trusted agents who advise them. More information is available on ICW Group’s Twitter, LinkedIn and Facebook pages.