Two providers lowering auto rates in state

Insurance Commissioner Jim Donelon announces his approval of rate decreases for private passenger auto policies for two major auto insurers in Louisiana.

Progressive Insurance Group (Progressive) submitted a rate filing for a decrease of 2.3% on new business effective August 21 and renewal business effective September 18.

Louisiana Farm Bureau Group (Farm Bureau) submitted a rate filing for a decrease of 7.5% on new and renewal business, both effective October 1.

 

 

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