Berkshire Hathaway Specialty Insurance filed to revise Loss Cost Multipliers (LCMs) for its ISO-based Commercial Property program in New Jersey, specifically targeting Human & Social Services (HSS) risks. The change affects 42 policyholders and $558K in written premium.

The filing, submitted June 26, 2025, proposes a 2.2% overall rate increase, with an effective date of October 1, 2025. LCMs for “Outdoor Sports” and “All other” risks remain unchanged.

BHSIC relies on ISO data, SNL financial exhibits, and National Indemnity’s annual statements to support its actuarial review and justify the adjustment.