Triangle Insurance Company has submitted a filing in Texas dated September 15, 2025, seeking approval for significant revisions to its TriPack Commercial Package Policy. The filing applies to both liability and non-liability coverages and is set to take effect for new and renewal business on January 1, 2026. A total of 186 policyholders will be affected, with written premium changes amounting to $207,242 and total written premium recorded at $135,836.
The company is proposing new rates for additional coverage options while removing obsolete ones, using a file-and-use method. The filing requests an overall rate increase of 152.57%, with an indicated change of 233.67%. This represents a sharp escalation compared to previous adjustments, which were generally modest. In recent years, rate changes included a 1.9% increase in July 2025, a 0.62% adjustment in January 2025, a 5.2% change in January 2024, and larger increases of 12.5% in 2023 and 8.14% in 2021.
