In the dynamic world of insurance, regulatory filings offer a glimpse into a carrier's activity and strategic focus. Based on the number of filings approved between January 1 and May 14, 2025, here are the top 5 carriers:
- Allstate: 368 filings
- Great American: 332 filings
- Travelers: 325 filings
- Farmers: 290 filings
- Chubb: 275 filings
Let's take a closer look at the nature of the filings from each of these active carriers.
Allstate
Allstate's filings during this period spanned every major personal line, selected commercial-auto segments, and several inland-marine initiatives. While many were routine form or symbol updates, a notable portion involved significant rate actions.
Key aspects of Allstate's filings include:
- Concentrated increases in Personal Umbrella, with double-digit rate hikes in five states. These increases, ranging from +12% to +65%, suggest a multi-state effort to reprice low-frequency, high-severity layers.
- Broad Homeowners re-rating, with multiple entities within the group implementing 10%-32% increases in at least six states. These changes were often tied to wildfire or fixed-expense revisions.
- Implementation of higher installment and late-payment fees across various product families.
- Introduction of a new 5% "Easy Pay" discount in ANAIC PPA filings in several states, promoting auto-pay enrollment.
- Continued rollout of new modular products, such as ANAIC Valuable Item Protection (VIP).
Great American
Great American Insurance Group's filings included routine ISO adoptions and loss-cost updates, but also a subset with meaningful operational or financial impact. Several filings showed double-digit rate movements affecting sizeable blocks of policyholders.
Highlights of Great American's filing activity:
- Notable rate movements in Workers Compensation, Commercial Auto, and Professional Liability.
- A multistate strategy to defer or non-adopt the 2023 ISO BOP package, with 28 separate filings in 22 states postponing or rejecting this package.
- Introduction of a Personal Inland Marine "Ticket Protection" product in at least 20 jurisdictions.
- Material rate cuts for Real-Estate E&O in several states, with decreases ranging from -3% to -21%.
- Continued activity in large-deductible Workers Compensation, particularly in Missouri and Minnesota.
Travelers
Travelers submitted multi-state filings covering personal, commercial, and specialty lines. While most filings were form-only updates, a number of major rate actions were also introduced.
Key filing trends for Travelers:
- Significant rate increases (10%-30%) in several states, particularly in Commercial Auto, Personal Auto, and selected package products.
- Commercial Auto re-rating surge with coordinated double-digit base-rate or deviation changes filed in multiple states, often citing higher loss trends.
- Uniform liability exclusions for Assault/Battery, Silica, Cannabis, and Human-Trafficking were added or revised in nearly every state for umbrella, excess, and CGL products.
- Rollout of a new Farm Property - Equipment Breakdown form in more than 20 states.
- Expansion of CyberRisk coverage with eight new endorsements filed country-wide.
Farmers
Farmers-affiliated carriers' filings spanned virtually every major line, with the heaviest volume in Personal Auto and Homeowners.
Key takeaways from Farmers' filings:
- Material rate actions were concentrated in Private Passenger Auto, showing sizeable decreases (6%-11%) in legacy books across several states and mid-single-digit increases in newer segments.
- Homeowners filings generally delivered moderate single-digit increases or neutral results.
- Commercial lines showed modest upward pressure in Businessowners and Commercial Umbrella, while Workers' Compensation filings consistently showed decreases.
- Advancement of strategic initiatives including a Special Water Loss sub-limit endorsement and the multi-state rollout of Verisk's "Inflection" credit model.
- Introduction of new payment-plan structures standardizing fees across states and lines.
Chubb
Chubb's filings covered personal, commercial, specialty, and program business. While most had neutral-to-modest financial effects, several carried double-digit rate movements affecting hundreds to thousands of policyholders.
Notable aspects of Chubb's filings:
- Double-digit increases (15%-45%) in Pet Insurance filings in at least six states.
- Build-out of Specialty Programs, including coordinated, multi-state roll-outs for Kidnap & Ransom (KRE), Employed Lawyers Liability (ELL), and Fiduciary Liability.
- Extensive series of "Benchmarq" Life-Sciences rule updates, with identical, no-rate-impact rule corrections submitted in over 20 jurisdictions.
- Repeated state filings with terrorism surcharges and primary-use factor increases in the Middle Oak BOP segment.
- Numerous "Delayed Adoption" filings to postpone the latest ISO loss-cost updates.
This overview provides a snapshot of the filing activities of these top carriers in the initial months of 2025, highlighting their strategic priorities and areas of focus as observed through their regulatory submissions.
