JM Specialty Insurance Company, a subsidiary of Jewelers Mutual, has launched a new Personal Articles insurance program in Wisconsin, expanding coverage options for high-value personal property. Approved for use in late 2017, the filing introduces a standalone personal inland marine product covering jewelry, fine art, collectibles, and other valuables.

The program is positioned as a new offering rather than a replacement, with no immediate premium impact tied to the filing. Coverage is provided on a repair-or-replacement basis, with optional endorsements that allow for agreed value settlements, unscheduled jewelry coverage, vault discounts, and preventative maintenance benefits such as prong retipping and stone tightening.

Key exclusions address damaged property, data and software loss, wear and tear, and certain transit-related risks, while coverage extensions include limited protection for newly acquired items. The filing also includes Wisconsin-specific provisions related to cancellation, renewal notices, and consumer protections.

JM Specialty, formed in early 2017 and domiciled in Wisconsin, is using the program to broaden its reach beyond traditional jewelry insurance, targeting customers with a wider range of personal articles and collectibles under a dedicated inland marine policy structure.