Log in

Sentry Updates Connecticut Dealers Property Rates

Sentry has filed a rate update for its commercial property Dealers Program in Connecticut, revising loss cost multipliers while adopting updated ISO loss cost references.

Submitted on January 7, 2026, the filing is scheduled to take effect June 1, 2026, for both new business and renewals. The changes affect 15 policyholders and apply to a book generating approximately $181,000 in written premium.

The update results in an overall 2.1% rate increase, driven by a 12.2% increase in ISO loss costs that is partially offset by a 9.0% decrease in Sentry Select’s loss cost multipliers. As part of the filing, the insurer is adopting ISO references CF-2024-RLA1 and CF-2025-RLA1.

The filing relies on hurricane modeling using RMS Sentry catastrophe models, including storm surge and demand surge components. Sentry Select notes that its underwriting profit provision is designed to target a 12% return on economic capital.

The update follows a prior commercial property rate increase of 11.3%, which took effect April 1, 2025. No red flags were identified in the Connecticut filing.