State Farm lowers auto insurance and raises homeowners insurance rates in Louisiana. Learn about these strategic adjustments and their implications for policyholders.

Louisiana approves a 5.9% State Farm auto insurance rate decrease driven by fewer claims, while homeowners insurance rates rise 9.7%. Industry surveys point to labor rate reductions in collision repairs.

SureChoice reduces Louisiana homeowners insurance premiums due to declining reinsurance costs amid ongoing market challenges. State Farm proposes increases citing hurricane risks.

A detailed analysis of Louisiana's 2020 and subsequent tort reforms reveals increased challenges for personal injury victims and minimal impact on lowering insurance premiums, highlighting ongoing regulatory and industry issues.

Louisiana Insurance Commissioner approves a 5.9% average rate reduction for State Farm's personal auto insurance policies, affecting over 1 million policyholders.

Louisiana Insurance Commissioner approves State Farm's 5.9% auto insurance rate decrease and 9.7% homeowners insurance increase, highlighting shifts in loss experience and hurricane risk modeling.

State Farm gains approval for a 5.9% average personal auto insurance rate decrease in Louisiana due to lower physical damage claims, impacting over 1 million policyholders.

Louisiana's insurance landscape sees State Farm rate adjustments; AI investment raises financial bubble concerns; Louisiana cuts pollution regulation staffing amid rising industrial activity.

State Farm will reduce auto insurance premiums by 5.9% for Louisiana policyholders in 2026 amid lower claim frequency and loss costs, while homeowners rates rise due to hurricane risk modeling.

Louisiana Insurance Commissioner approves significant State Farm rate changes: 5.9% decrease in auto insurance and 9.7% increase in homeowners insurance reflecting updated risk models.