A market-exit wave: carriers are leaving books behind while re-pricing what’s left.
April’s defining move wasn’t a rate — it was the exits. New York CMP, a California BOP block, and a countrywide medical stop-loss line all came off the board, even as commercial auto kept climbing and ISO advisories reset coastal floors.
The month in numbers
Northeast Exit
NJM led commercial auto (8% book, heavy trucks +18.4%), but the headline was Community Mutual non-renewing 25,031 New York CMP policyholders into a hardening market. Selective’s New Jersey additional-insured endorsement jumped 150% across a 27,970-policy book.
Southeast ISO floor
Travelers’ Georgia auto led (+16.8%, heavy truck ~29%) with Selective and Utica close behind, while Hiscox reset Virginia property-management GL +50%. An ISO South Carolina BOP advisory reset the coastal package floor with Touchstone v11 hurricane modeling.
Midwest / NW Coverage cut
Cincinnati’s Kansas auto led (+18%, buses +97.5%) and Auto-Owners moved a 52,155-policy Kansas GL book +15%, but coverage contraction dominated — a countrywide medical stop-loss exit plus lead, asbestos, EV and PFAS exclusions. Driver-level scoring is now standard in for-hire trucking.
Southwest Strip & raise
Kemper moved a 59,184-policy California auto book +13.4%, and Hiscox hit Texas property managers +72.8%. A broad exit wave — Accredited’s CA BOP block, two GuideOne artisan books, State Farm’s frozen-contractor +44.9% — ran alongside trucking carriers stripping coverage while raising rates.
Rate trends by line
| Line | Typical approved increase | Where it concentrated |
|---|---|---|
| Commercial Auto | +8% to +30% (heavy-truck tails higher) | GA, NJ, KS, CA, TX |
| General Liability | +12% to +72% (property management) | VA, TX, NC, NJ |
| CMP / BOP | Exits + ~12% avg (max +60%) | NY, CA, PA |
| Workers Comp | Quiet — few qualifying increases | Scattered |
Cross-Region Patterns
The exit wave
New York CMP (25,031), a California BOP block, GuideOne artisan books and a countrywide stop-loss line all left the market — displaced accounts are shopping into a hard market.
ISO advisories reset the floor
A South Carolina BOP advisory (Touchstone v11) and earlier cyber forms reset baseline pricing and coverage for every adopting carrier.
Strip coverage while raising rates
Trucking carriers paired big increases with new exclusions (occupant, bobtail, Any-Auto bans) — the policy got smaller as the price got bigger.
Caps on, caps off
Some carriers removed renewal caps (Hiscox) while others added them (CNA, State Farm) — both moves signal true need well above the filed average.
Coverage & structural watch
Market exits (8)
NY CMP (25,031), a CA BOP block, GuideOne artisan books and a countrywide medical stop-loss line all came off the board.
Coverage contraction (91 filings)
Trucking carriers added occupant, bobtail and Any-Auto exclusions; lead, asbestos, EV and PFAS exclusions spread across package and GL.
Advisory & scoring (24 filings)
ISO reset coastal package floors (SC, Touchstone v11) and rewrote cyber forms; CARFAX/TransUnion vehicle scoring deepened in for-hire trucking.
Biggest filings nationwide
| State | Carrier | Line | Change | Policyholders |
|---|---|---|---|---|
| CA | Kemper (Infinity Select) | Commercial Auto | +13.4% | 59,184 |
| KS | Auto-Owners | General Liability | +15% | 52,155 |
| PA | State Farm | CMP / BOP | ~12% avg (max +60%) | 32,216 |
| NJ | Selective | General Liability | AI endorsement +150% | 27,970 |
| TX | Hiscox | General Liability | +33% (mgmt +72.8%) | 27,919 |
| NY | Community Mutual | CMP / BOP | Market exit | 25,031 |
| TX | Liberty Mutual | General Liability | +12% | 15,094 |
| NC | NEXT Insurance | General Liability | +12.7% + class scoring | 13,309 |
| NJ | NJM | Commercial Auto | +8% (heavy trucks +18.4%) | 13,260 |
