Frankenmuth Insurance announces rule changes for commercial general liability in Illinois.
The Insurance Services Office (ISO) has been making incremental changes to the annual minimum payroll exposures for executive officers and individual policyholders or co-partners in various states. For policies with an effective date of May 1, 2023, and later, Illinois officer payroll on general liability is changing from $65,200 to $67,100.
If you have any questions, please feel free to contact your Commercial Lines field manager or underwriter.
