Great American Insurance Company received approval on February 18, 2026 for a comprehensive revision to its Commercial Auto Contingent Liability policy in Nevada, following its February 16 submission. The changes apply to both new and renewal business.

The filing introduces a key structural clarification by replacing the term “Finance Agreement” with “Lease Agreement,” confirming that coverage applies specifically to leases governed under UCC 2A rather than loan arrangements. The revision is designed to better align policy language with the company’s target risk profile.

The update also modernizes definitions to explicitly recognize Transportation Network Platforms, such as Uber and Lyft, reflecting evolving commercial auto exposures tied to rideshare activity. In addition, the filing includes a new mandatory Nevada Cancellation and Nonrenewal endorsement.

Great American Insurance Company, part of American Financial Group, indicated that the changes are revenue neutral and focused on policy clarity and risk alignment rather than pricing adjustments.