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Travelers Files Package Rate Increase in Rhode Island

Farmington Casualty Company, Fidelity and Guaranty Insurance Company, St. Paul Fire and Marine, St. Paul Guardian, St. Paul Mercury, and The Standard Fire Insurance Company have submitted a rate filing in Rhode Island for the Travelers Package Policy program.

The update takes effect April 12, 2026 for new business and June 12, 2026 for renewals.

The filing impacts 635 policyholders and $3.48 million in written premium, with an expected premium increase of $119,664. Travelers is revising base rates, class code factors, and industry factors, resulting in an overall 3.4% rate increase.

Company-specific impacts range from 1.8% to 25.6%. The prior revision, in February 2025, increased rates by 10.6%.