Berkshire Hathaway Homestate submitted a consent-to-rate filing in Georgia for a single workers’ compensation risk, Planned Building Services, Inc., with an effective date of April 1, 2026.
The filing allows Homestate to deviate from standard manual rates for this specific account, citing that standard rates are not commensurate with the risk exposure.
According to the consent-to-rate form, the adjusted premium totals approximately $125,588, compared to about $81,269 at manual rates, reflecting a $44,319 increase tied to the applied rate factors.
The policy covers security services operations and is placed through Acrisure Insurance Partners Services of NY, LLC, highlighting Homestate’s use of individualized pricing for select commercial risks where standard rating frameworks fall short.