Midvale Indemnity, part of American Family, is updating its Businessowners (BOP) program in Kansas with a new rate and rule revision filing submitted April 1, 2026.

The changes introduce a 9.5% indicated rate increase and a selected overall impact of 8.4%, affecting 1,458 policyholders and adding roughly $279K in written premium to a $3.3 million book. The filing follows an 18.4% increase implemented in early 2025, signaling continued efforts to bring the program to rate adequacy.

Beyond pricing, the update reflects a broader recalibration of the product:

• Expanded and refined class structure: The company updates class modification factors across a wide range of industries, from restaurants and retail to professional services, enabling more granular risk segmentation.
• Revised endorsement pricing: Adjustments include electronic data liability, employee benefits liability, hired and non-owned auto (including food delivery), and liquor liability with updated rate tables and minimum premiums.
• Rate stabilization controls: Renewal changes are capped between -35% and +35%, limiting volatility for existing policyholders.
• Behavior-based discounting: A new “Responsible Shopper Discount” rewards customers who quote policies at least 15 days in advance.
• Territorial refinements: Updated territory factors adjust pricing at the ZIP code level, reflecting localized loss experience.

Overall, the update points to a continued push toward more segmented, data-driven pricing, while layering in controls to manage customer impact.