It is prudent to notify your existing customers to make them aware of this new downgrade. A sample letter is available here. PIA also offers several other resources relating to company downgrades, which can be accessed at the following websites for: Connecticut; New Hampshire; New Jersey; and New York. Most E&O carriers’ insolvency coverage responds according to the insurance carrier’s rating at the time of placement. We recommend you contact your carrier if you have any concerns regarding the insolvency coverage provided by your E&O carrier in the event of a claim involving Tower Group International Ltd.