Check out the property and casualty rate announcements from the week, including updates from Berkley and Markel.

Markel / Enthusiast+ PPA
Essentia Insurance Company introduced their new Enthusiast+ Personal Auto Program effective December 2024. This program is designed for car enthusiasts who own and operate collector vehicles as their regular means of transportation. Rates were developed based on similar coverage offered by Allstate.

Berkley / Micro-BOP
Berkley introduced their new Small Business Program effective September 2024. Coverage is designed for businesses whose annual revenue is under $10 million. This product will leverage the ISO Micro-Businessowners Product.

Old Republic / Private Company D&O
Old Republic Insurance Company introduced their new ORPROtect Private Company Management Liability Program effective December 2024. This product was developed based on similar coverage offered by Everest.

Philadelphia / Professional Liability
Philadelphia Indemnity Insurance Company increased rates 6.10% overall to their Independent Professional Liability Program effective December 2024. Changes were made specifically to Base Rates for Human Services, Home Health Care, Home Medical Equipment Dealers, Schools, etc.

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