Loop Mobility, through Old American County Mutual Fire Insurance, filed for a 37% rate increase on its private passenger auto program in Texas.

The change impacts around 260 policyholders, representing $299,254 in written premium, with an expected increase of $110,724 loop texas . The filing, submitted March 12, 2025, and approved May 2, 2025, applies to both new and renewal business, with effective dates of March 12 and April 10, respectively loop texas.

Regulators raised multiple objections, including Loop’s reliance on State Farm trend data, inconsistencies in profit provisions, and changes to how coverages were grouped. The company was asked to justify its selections and clarify methodology before receiving approval.