Next Insurance US Company filed updates to its Commercial Property 5.0 program in Wisconsin, introducing a range of new coverages, endorsements, and rating factors for small business policyholders. The filing, submitted on June 8, 2026, was approved as filed with effective dates of July 1, 2026, for new business and September 9, 2026, for renewals.

The changes expand the insurer’s commercial property offering through new optional endorsements tailored to specific industries, including food and beverage businesses, retailers, professional services firms, construction companies, real estate businesses, florists, and home-based businesses. The filing also introduces premier and deluxe versions of expanded coverage packages across several business segments.

Among the new endorsements are coverage options addressing cyber-related risks, including information security protection for extortion threats, ransomware incidents, business interruption resulting from e-commerce incidents, and public relations expenses following security breaches. The filing also adds leasehold interest coverages, animal bailee coverage, customers’ goods coverage, and expanded protections for customers’ vehicles in the insured’s care.

The revised rating plan incorporates additional underwriting variables such as roof characteristics, years in business, prior loss experience, multi-location experience, protective devices, building age, occupancy characteristics, and franchise status. Businesses insured through multiple Next product lines may also qualify for a multi-line discount.

The updates are intended to enhance the flexibility of Next Insurance’s commercial property program while aligning coverage options and rating methodologies with the company’s evolving underwriting approach.