Capacity Insurance Company filed a rate revision in Florida to reduce its Wind Loss Cost Multiplier (LCM) for Commercial Property – Non-Residential by 11.2%. The filing, submitted January 14, 2021 and acknowledged the next day, set an immediate effective date for both new and renewal business.

The change adopts ISO’s 2015 Loss Costs for Division Five – Fire and Allied Lines, including glass, updating Capacity’s rating basis. Perr&Knight (Ieisha James) handled the submission, with ISO circulars CF-2014-RLA1 and CF-2015-RLC1 cited in support.

The Florida Office of Insurance Regulation flagged a correction in the cover letter, clarifying the applicable line of business and requiring a reference to the last acknowledged manual page (CIC-LC-FA-NONRES (04), stamped in filing 20-021337).

No premium volume, policyholder counts, or distribution details were disclosed, but the filing highlights Capacity’s effort to recalibrate wind pricing in a competitive and regulator-sensitive market.