MSSA-based LICM has been enabled by default for a few years now. This drops the old AST-based implementation. Using loop(licm) will result in a fatal error, the use of loop-mssa(licm) is required (or just licm, which defaults to loop-mssa).
Note that the core canSinkOrHoistInst() logic has to retain AST support for now, because it is shared with LoopSink.