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Home State County Mutual Lowers Auto Rates in Texas

Home State County Mutual Insurance Company filed to amend rates and rules for its Newstar Private Passenger Auto program in Texas. The filing introduces an overall rate decrease of 1.9%, affecting 4,926 policyholders and reducing written premium by $611,351.

The proposed change is based on an indicated rate reduction of 6.38%, with individual premium impacts ranging from +1.4% to –650%. The company reported $29.1 million in written premium for the program.