Berkley Insurance is seeking a 6.9% rate and rule increase for its One Suite Homeowners program in New Jersey, affecting 1,581 policyholders and an estimated $10.6 million in written premium. The change, which represents roughly $735,000 in additional premium, follows a similar 6.9% adjustment that took effect in May 2025.
The filing requests higher rates based on an indicated need of 13.2%, suggesting Berkley is tempering the full adjustment.
New business rates would take effect May 20, 2026, with renewals following on August 18, 2026.