Branch Insurance Exchange filed updates to its private passenger auto program in Maryland, introducing a -30% overall rate change for new business effective March 20, 2026, and renewals effective April 29, 2026.

The filing impacts a small book, covering 69 policyholders and about $140,000 in written premium, with an estimated $42,000 reduction in premium.

The filing also introduces new elements, including a future effective date discount and vehicle verified annual mileage, pointing to increased use of behavioral and timing-based pricing.

Overall, the update reflects a more aggressive repositioning in auto, combining a material rate cut with expanded pricing variables to refine risk segmentation.