Product updates for the Property & Casualty Insurance Market
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P&C Updates - October 11, 2021
Travelers / Master Pac
Travelers Casualty Insurance Company of America increased rates 13.87% overall to their Master Pac Businessowners Program effective February 1, 2022 in New Jersey. Changes were made to Base Rates, Class of Business Factors, and other factors and discounts.
Medical Protective Company increased 10.00% overall to their Certified Registered Nurse Anesthetist (CRNA) and Multi-Specialty Healthcare Professional Liability Program effective March 1, 2022. Changes were made to Base Rates.
Continental Casualty Company decreased rates 4.30% overall to their Lawyers Professional Liability Program effective January 1, 2022 in Connecticut. Changes were made to Base Rates, Specialist Factors, Territory Multipliers, etc.
Old Republic Insurance Company introduced their new Companion Pet Health Insurance Program effective August, 2021. This product was developed based on similar coverage offered by Aspen and will be administered through Companion Protect Agency, LLC.