Old American County Mutual partners with Loop

Old American County Mutual appointed Loop Insurance in January.

The Texas Department of Insurance approved a filing on the matter on January 28.

While the policy forms have been approved, the rate and underwriting guidelines are set to be submitted later.

Loop previously wrote on Redpoint County Mutual’s paper, with direct written premiums (DWP) increasing from $4.3 million in 2022 to $18.1 million in 2023.

The company surpassed 10,000 members in March 2023 and focuses on non-standard coverage. However, its quote flow isn’t working.