MGA Insurance Company – better known as GAINSCO – submitted a filing in Virginia on February 19, 2026, implementing a full replacement of its rule manual for the Private Passenger Auto program. The changes take effect February 20, 2026, for new business and April 14, 2026, for renewals.

The filing affects 10,505 policyholders and approximately $20.5 million in written premium. The company is requesting an overall rate increase of 7.4%, significantly below the actuarially indicated need of 22.3%.

The updated program introduces a refined rating framework that applies an algorithm across 42 variables spanning driver, vehicle, and policy characteristics. Insurance scoring and tier placement rely on TRUERISK, PREQUAL, and TUIRS models.