Mar 30, 2010 11:25 AM by Melissa Canone

State Farm: Homeowners Insurance Increase Request

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
300,000 policyholders.
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.


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