MGT Insurance Company has filed a rate and rule revision in Georgia for its Businessowners Program (TOI 05.0), effective May 1, 2026, impacting 374 policyholders and $1.87 million in written premium. The filing requests an 8.7% overall rate increase against an indicated need of 10.0%, resulting in an estimated $167,751 premium increase.

The program, focused on non-profit, religious, and human services organizations, leverages actuarial data from affiliate Church Mutual Insurance Company, S.I. (CMIC) following MGT’s acquisition of CM Select Insurance Company. The filing includes premiums for Interruption of Computer Operations coverage.

This marks a moderation from MGT’s previous 15% rate increase effective May 2025.