Spinnaker submitted its 2026 annual rate certification filing for its Florida admitted homeowners program with no proposed rate or underwriting changes. The filing, submitted by Millennial Specialty Insurance, applies to the insurer’s homeowners business in the state.

According to the filing, the program was originally approved in Florida in 2022. Spinnaker stated that there are “no proposed changes” to rates, rating manuals, or underwriting guidelines as part of the 2026 certification.

The filing shows the homeowners program has approximately $35.2 million in annual earned premium and 19,467 policies in force in Florida. The reported average incurred loss ratio is 28.38%, compared to an expected loss ratio of 43.78%.