The Pennsylvania Insurance Department published a bulletin announcing that the insurance commissioner has deregulated the form rate filing requirements for commercial fidelity and surety insurance.
All rates must still comply with applicable state law, including the Unfair Insurance Practices Act. Rates may also not be excessive, inadequate, or unfairly discriminatory.
The deregulation is effective January 17, 2026.
The bulletin can be found here.
Ray Sugrim
Ray Sugrim is an Insurance Editor with FC&S Expert Coverage Interpretation, a division of National Underwriter Company and Arc Network. Ray is responsible for helping develop and edit content for subscribers. Ray is a St John’s University graduate with a degree in Risk Management & Insurance and is a CPCU candidate.