How long have you had this phone? Have you noticed anything strange or off about your battery life/performance?
I have heard that the G4 does have certain models /serial numbers that will do the looping; but I have not heard of the problem being present (or not as prevalent) for the G3.
Have you tried reaching out to LG/your specific carrier? They seem to have good warranty - if it's something like your battery/a similar defect, it should be covered.