Hi Shawn White
Your observation is correct; this behavior is still under investigating by Microsoft team.
After researching, this behavior is reported as an active service incident under the reference code EX1238375.
This specific service behavior currently affects users attempting to access the "My Templates" and "Viva Insights" add-ins across multiple platforms, including the Outlook desktop application, Outlook mobile, and Outlook on the web.
Please refer the following article: My Templates are missing from Outlook
Please reach out to your IT Admin and ask them to submit a support ticket through the Microsoft 365 Admin Center.
Since this is a temporary incident, there is no replacement app. However, in the meantime, you can use Signatures as a temporary workaround, I know it's not the same, but it does have the similar function to My Template.
Thank you so much for your understanding and patience while this behavior is addressed. I will keep an eye on this incident and let you know if there are any major updates.
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