Tag: Louisiana insurance

State Farm Louisiana Insurance Rates: Auto Drop 5.9%, Homeowners Rise 9.7% in 2026

Louisiana Insurance Commissioner approves State Farm’s 2026 rate changes: 5.9% average auto insurance decrease and 9.7% homeowners insurance increase, reflecting hurricane risk and claim trends.

Louisiana Holds Over $900M in Unclaimed Property, Returns $70M in 2025

Louisiana's State Treasurer manages over $900 million in unclaimed property, including unpaid insurance benefits. Over $70 million was returned to residents in 2025, highlighting asset recovery opportunities.

Federal Shutdown Halts New NFIP Flood Insurance Policies in Louisiana

The federal government shutdown stops new flood insurance policies under NFIP in Louisiana, impacting homeowners and prompting legislative efforts for a solution.

Louisiana Law to Cut Liability Premiums for Commercial Vehicles with Dashcams

Effective January 2026, Louisiana mandates insurers to offer liability insurance discounts to commercial vehicles equipped with dashcams and telematics, aiming to improve safety and lower costs.

Louisiana Moves to Governor-Appointed Insurance Commissioner to Reduce Political Influence

Louisiana Senate approves bill to shift insurance commissioner from elected to governor-appointed position, aiming to reduce political influence and improve industry oversight.