Technology Insurance Company, Wesco Insurance Company, and AmTrust Insurance Company filed Businessowners program updates in Tennessee (SERFF Tracking Number UNKP-134508875), effective June 1, 2025.
The filing introduces new endorsements for Auto Service and Contractor risks. Auto service businesses gain coverage for underground fuel tanks, employee tools, customer vehicles, and lessors’ property. Contractors get enhanced liability coverage with higher property damage limits, product recall expense coverage, and per-location aggregate limits.
Other changes include a Residential Construction Exclusion for certain states and revisions to the Damage to Your Product and Work endorsement. The updates carry no rate impact and reflect AmTrust’s push to broaden its Businessowners market.