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Lemonade Withdraws Unreleased Homeowners Program in Montana

Lemonade Insurance Company has filed to withdraw its Homeowners Program in Montana, noting that the product was never released to the market. The filing removes the previously approved rates and rules tied to SERFF PERR-131973911 and carries no premium or policyholder impact.

The withdrawal is classified as a neutral rate change, with a 0 percent impact, and references an ISO premium adjustment factor of 1.54. Montana marked the filing as received and filed.