Effective September 1, 2025, Hiscox Insurance Company will begin non-renewing a subset of its Businessowners Program in Mississippi, impacting 28 policyholders. The move is part of a nationwide shift due to uncompetitive rates and insufficient premium income.

The classes affected include a range of food vendors (e.g., hot dog carts, ice cream trucks), pet service providers (e.g., pet daycare, mobile grooming), and retail categories (e.g., electronics, camera stores). Hiscox clarified that this is not a full exit from the BOP market but a targeted withdrawal from certain classes.

Policyholders will receive notice at least 30 days in advance, per state regulations.