Branch Insurance Exchange submitted a Texas private passenger auto filing that reduces rates while updating multiple rating factors across its BIX program.

The filing reflects an overall 8.4% decrease, with an estimated $172,661 reduction in written premium across a relatively small book of 619 policyholders and ~$1.15 million in premium.

Impacts vary widely at the policy level, ranging from a 2.5% increase to a 38.7% decrease, indicating meaningful segmentation changes rather than a uniform rate cut.

Beyond base rate adjustments, the update includes revisions to rating factors and tables across the program, including tenure, prior limits, coverage selections, and territory relativities—suggesting continued refinement of Branch’s pricing model rather than a simple rate rollback.

The filing is submitted on a file-and-use basis, with a requested effective date of March 27, 2026 for new business and May 6, 2026 for renewals.