Technology Insurance Company, part of AmTrust, has filed revisions to its Rhino Lease Rental Bond program in Maryland that introduce the program manager’s formal name as “Rhino New York LLC DBA Greenlight Rent.”

The filing also proposes replacing the Rhino logo on program forms with Greenlight Rent branding. The insurer said the update would apply to current and future products.

The proposed bond revisions address payment disputes, landlord responsibilities and claims handling. They add a cure period for situations where a tenant’s initial payment is refunded following a chargeback or dispute, giving the landlord time to collect a cash deposit, arrange a replacement bond or make other arrangements.

Other changes tie the claims-reporting window to the earlier of bond expiration or the tenant’s actual move-out date. The revisions also clarify that landlords cannot recover twice for the same loss and may have to refund payments following an independent investigation of a tenant dispute.

The bond serves as an optional alternative to a cash security deposit and protects the landlord. Tenants pay a nonrefundable premium and remain responsible for reimbursing the insurer for claims paid on their behalf.

Submitted November 5, the filing remains under review, with effectiveness requested upon approval. The insurer reports no rate impact.