Posted: Mar 30, 2010 10:25 AM by Melissa Canone
Updated: Mar 30, 2010 10:25 AM
BATON ROUGE, La. (AP) - State Farm Fire and Casualty Co. has
filed an average 9.9 percent rate increase request for homeowners
coverage in Louisiana.
State Farm is Louisiana's largest home insurer with just over
In February, Insurance Commissioner Jim Donelon rejected the
company's request for an average 19.1 percent rate hike. Donelon
said that increase would be unreasonable.
State Farm received an average 8.3 percent increase last year in
Louisiana after asking for 13.7 percent.