Donelon: Louisiana Auto Insurance Rate Hikes Lower This Year

Article 0 Comments Louisiana’s insurance commissioner says the state’s auto insurance market may be stabilizing, with a smaller rise in premiums expected this year compared with prior years. Insurance Commissioner Jim Donelon says Louisiana’s auto market has seen a 2.1 percent average increase in rates this year. The Advocate reports […]

State Farm Mutual Automobile Insurance Company to Cut Rates in Penn.

Article 0 Comments State Farm Mutual Automobile Insurance Company plans to cut its rates in Pennsylvania. The total state-wide expected impact of this rate change for State Farm Mutual in Pennsylvania is approximately $49.5 million, set to affect approximately 1.7 million policyholders. As a result, State Farm Mutual’s overall personal […]

Progressive is the Latest to Comply with New York Auto Insurance Rate Regulation

Article 0 Comments A fourth major auto insurance company in New York has reached a compliance agreement with the New York Department of Financial Services (DFS) regarding DFS’ final regulation against discriminatory auto insurance rates. Progressive has informed Financial Services Superintendent Maria T. Vullo of its plans to comply with […]