Product updates for the Property & Casualty Insurance Market
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P&C Updates - June 14, 2021
BCS / Cyber & Privacy Liability
BCS Insurance Company increased rates 140.90% overall to their Cyber and Privacy Liability Program effective July 1, 2021. Changes were made to Base Rates, Industry Group Factors, Increased Limit Factors, etc.
Accredited Surety and Casualty Company, Inc. introduced their new ManyPets Pet Health Insurance Program effective July, 2021. This product was developed based on similar coverage offered by Pets Best. Coverage will be administered through ManyPets, Inc.
Hartford Insurance Company of the Southeast introduced their new Prevail Homeowners Program effective June 30, 2021 in Illinois. This product is designed for AARP members in the direct-to-consumer sales channel.
TravCo Insurance Company introduced their new Quantum Boat 2.0 Program effective November 21, 2021. Rates were developed based on their existing Quantum Boat program, which will now be closed to new business.