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.