MAG Mutual Insurance Company filed a new Commercial Package program in California on December 4, 2025, seeking approval of its “OnePolicy™” offering for new business and renewals effective February 1, 2026. The program was positioned as a new product, with no in-force policyholders and no immediate premium impact relative to existing base policies.

OnePolicy is designed as a modular, dynamic form that allows insureds to select and combine Physicians and Surgeons, Hospital, and Cyber and Regulatory coverages into a single policy. The structure relies on one insuring agreement that automatically removes language for any coverages not purchased, with the product intended to be distributed online. Cyber components include data and security breach protections.

The California Department of Insurance rejected the filing at intake, citing that it was incomplete. Regulators noted the absence of required actuarial support, underwriting guidelines, and rating samples submitted in Excel format. The department also pointed out that MAG Mutual failed to respond within the prescribed timeframe to address the identified deficiencies.

As a result, the filing did not advance to substantive review. Any future resubmission would require a complete actuarial package and supporting materials before the state considers approval of the OnePolicy program.