AmGUARD, EastGUARD, and NorGUARD — the Berkshire Hathaway GUARD companies — have filed a Workers’ Compensation rate update in New Mexico, effective January 1, 2026. The companies are adopting NCCI’s January 1, 2026 loss costs without changing their existing loss cost multipliers, resulting in a significant 18% overall rate decrease across their book.

The indicated change is even steeper at –25.5%, with individual company impacts of –21.3% for AmGUARD, –16.9% for EastGUARD, and –16.7% for NorGUARD. The filing affects 153 policyholders in total and reduces written premium by roughly $130,697.

LCMs remain unchanged: 1.635 for AmGUARD, 1.340 for EastGUARD, and 2.100 for NorGUARD. The expense constant stays at $225, and the submission includes detailed actuarial exhibits using both state-specific and countrywide expense data.