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Effective August 1, 2014, Arbella has adopted the voluntary loss costs filed by the National Council on Compensation Insurance for new and renewal business. We have also filed to increase our loss cost multipliers for preferred and standard business.
The overall result of the rate change on our book of business is an increase of 10%. Rates for specific classes may increase or decrease more than the average.
We regret the delay in notifying you of this change, as our rate filing was approved just this week.
If you have any questions or comments, please contact your commercial lines underwriter or Arbella territory manager.
Thank you for your continued business support.
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Very truly yours,
William S. Hughes, CPCU Assistant Vice President, Commercial Lines Arbella Insurance Group
This message was sent to all Arbella Connect™ commercial lines principals and users. Please forward to other people in your agency that might find this information useful. This notice and all product related notices are posted on Arbella Connect under Commercial Lines Updates.
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