StarStone National, part of Core Specialty, submitted a California filing to introduce a new Blanket Lender Single Interest insurance program targeting lenders and financial institutions.

The inland marine product is designed to protect a lender’s financial interest when collateral tied to a loan is damaged, destroyed, stolen, repossessed, hidden, or otherwise impaired. The filing includes coverage for automobiles, motorcycles, recreational vehicles, watercraft, farm equipment, mobile homes, personal property, and heavy trucks.

The filing also introduces optional “Skip Coverage” endorsements that extend protection when borrowers or collateral cannot be located, provided lenders have exhausted repossession and recovery efforts. Another endorsement adds reimbursement tied to excess wear and tear or mechanical breakdown discovered during repossession.

The policy is structured as excess coverage over other collectible insurance and requires borrowers to maintain underlying insurance protecting the lender’s interest in the collateral.

Accordingt to StarStone, the filing represents a new program submission in California under its Core Specialty platform. The filing was submitted on May 29, 2026, with a requested effective date of “on approval.”