CUMIS Insurance Society, part of TruStage, has filed a new Habitational Property Program in California, introducing commercial property coverage designed for condominium associations, homeowners associations, and similar community operations.

The program provides Commercial Multi-Peril coverage for association-owned property and common areas, protecting against direct physical loss or damage subject to policy terms and exclusions. Eligible risks are limited to qualified habitational operations that meet underwriting standards, including licensing requirements and acceptable loss and financial history.

As part of the filing, CUMIS is adopting ISO’s Capital Assets Program (Output Policy) framework, supplemented with company-specific forms, endorsements, and exception pages. Because the program is new and lacks internal experience, property rates are based on those previously approved for Spinnaker Insurance Company, while certain proprietary elements incorporate inputs derived from Accelerant National Insurance Company and converted to align with the ISO rating structure.

The filing also introduces an optional Equipment Breakdown endorsement, with forms and rates adopted directly from Accelerant.