Hanover is seeking approval for a Commercial General Liability rate increase in Georgia, impacting both new and renewal business effective October 1, 2026.

The filing proposes an overall rate increase of 6.2%, below the indicated 9.3%, and follows a 4.9% increase approved in 2025. Changes reflect the adoption of updated ISO loss costs and rules, along with revisions to proprietary abuse and molestation rates, including new hazard classes for incidental, severe, and residential exposures.

Contractors account for over $3.1 million of the ~$11.7 million Georgia GL book—by far the largest segment—yet are seeing just a 3.7% increase. This suggests a deliberate decision to remain competitive in a key segment despite higher indicated needs.

The program covers 862 policyholders and approximately $11.7 million in written premium. Commission and brokerage expenses average 18.4% of premium, underscoring the impact of distribution costs on overall rate adequacy.