Canal Insurance Company has filed a rate and rule revision for its Inland Marine Cargo program in Idaho as part of its 2025 Cargo Rate Review. The filing requests an overall +11% rate increase, compared to an indicated change of +12.5%, affecting 42 policyholders and approximately $177,678 in written premium. The proposed change represents an additional $19,545 in premium.

Effective January 1, 2026 for new business and February 1, 2026 for renewals, the update revises base rates and introduces a new optional Hybrid Mileage-Unit Program, which charges an annual amount per covered unit. The filing, submitted under the Use & File method, specifies that all impacted policies will receive the same percentage increase.

Canal Insurance also confirmed that credit factors do not primarily influence rate, issuance, nonrenewal, or cancellation decisions.