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Allianz Exits Commercial Burglary And Theft In Maryland

Chicago Insurance Company, part of the Allianz Insurance Group, has filed a rule update in Maryland to fully withdraw from the Commercial Burglary and Theft line in the state.

The filing was submitted on January 21, 2026, and is effective on approval. Under the withdrawal plan, the insurer will stop writing any new Commercial Crime business after August 1, 2026. The exit applies specifically to Commercial Burglary and Theft and is described as a business decision rather than a rate or underwriting adjustment.

The change represents a complete withdrawal from this specific commercial crime sub-line in Maryland rather than a partial pullback or pause in new business.