ITT Hartford Insurance Group Offers Relief to Hurricane-Stricken Policyholders

ITT Hartford Insurance Group, a leading insurer, has announced that it will continue to insure Florida, Alabama, and Georgia residents devastated by Hurricane Opal, even if they are temporarily unable to make their insurance payments. According to Stephen Hasenmiller, senior vice president and director of personal lines, the company wants to assure its policyholders in hurricane-damaged areas that they will not be canceled if they miss a payment. This cancellation suspension will remain in place for at least 30 days and applies to customers living in specified zip codes.

Key Takeaways:

• ITT Hartford Insurance Group will not cancel policies for customers living in Florida, Alabama, and Georgia who are unable to make payments due to Hurricane Opal.
• The cancellation suspension applies to homeowners, personal automobile, and individual life insurance customers in affected areas.
• The suspension goes into effect on October 9 and will remain in place for at least 30 days.
• Unpaid premiums will be spread over future installment payments once the suspension is lifted.
• Customers not affected by the hurricane are expected to continue making normal payments.
• The suspension only applies to customers living in specified zip codes.

Statistics:

• The cancellation suspension applies to hurricane-stricken areas in Florida, Alabama, and Georgia.
• At least 30 days of suspension has been announced.
• 368 is the reference number for ITT Hartford Insurance Group.

Sources:

• ITT Hartford Insurance Group press release
• PRNewswire, October 10, 1995
• ITT Corp. (NYSE: ITT)