Mercury Indemnity Company of America filed for a 6.9% rate increase for its New Jersey private passenger auto business, a closed book, with the change requested to take effect June 15, 2026, for renewals.

The filing, submitted December 31, 2025, impacts 2,465 policyholders and applies to about $9.9 million in written premium, resulting in an estimated $687,647 premium increase. The indicated need was higher at 19%, with individual policy changes ranging from a 1.2% decrease to a 16.1% increase.

The company has stopped writing new private passenger auto business in the state and is managing the portfolio in runoff. Regulators issued multiple objections during review, requesting additional support on loss drivers, credibility, trend selections, and the company’s strategy for the shrinking book.

The filing remains pending state approval under the prior approval process.