Safeco Insurance Company of Illinois, a Liberty Mutual affiliate, filed a homeowners rate adjustment targeting Oregon-based business.

The company proposes an overall 2.41% rate increase (with an indication of 3.5%), affecting 58,588 policyholders and $99.6 million in written premium. The revision centers on Home Base rate recalibrations and incorporates updated loss-trend methods using industry calendar-year data.

The insurer recorded a -0.9% rate decrease effective January 22, 2026, following a series of large increases in late 2023 and mid-2024—some nearing 20%.

Safeco of Illinois is domiciled in Illinois, and the update is specific to Oregon homeowners risks.

Filing submitted February 5, 2026; new business effective March 15, 2026; renewals effective May 1, 2026.