Accredited Surety and Casualty Company has filed a prior-approval rate increase in California for its Community Association Select Directors & Officers program, seeking a 20% average rate impact across the book.

The filing, submitted on January 12, 2026, applies to both new and renewal business with a requested effective date of June 1, 2026. According to the rate summary, the change would affect roughly 2,781 policies, increasing written premium by about $1.1 million on a current base of approximately $5.5 million.

Accredited’s actuarial materials indicate an overall indicated change of 33.6%, with the requested 20% positioned within California’s permitted minimum and maximum bounds. The company cites loss and defense cost pressure in community association D&O, supported by multi-year development, trend assumptions, and credibility adjustments included in the filing.

The revised rate plan updates base premiums by unit count and preserves a claims-based debit structure that applies escalating surcharges for claims filed within the past five years. Additional multiplicative charges continue to apply based on the nature of operations, with significantly higher factors for larger condominium associations, cooperatives, timeshare risks, and associations with amenities such as golf courses or boat slips.

The Community Association Select D&O program was originally launched in California on June 30, 2021.