Louisiana Insurance Commissioner Tim Temple announced this week that two insurers under Allstate Group have requested rate reductions for some personal auto policyholders. The Louisiana Department of Insurance said Temple has finalized the rate change.
Imperial Fire and Casualty Insurance The company reported a 6 percent decline in its value product, which stands at more than 41,000 units. Louisiana Policies and generally cover high-risk customers by providing Insurance Options that meet the minimum liability threshold required by the state.
IFAC also applied for a 2.9% reduction on its mid-market product, which has more than 32,000 PPA policies in force and typically covers customers who require more than the state’s minimum liability limit.
All-State North America Insurance The company’s rate change was for a 7.5% reduction that affected more than 17,000 of the company’s policies. Louisiana.
Temple previously finalized ANAIC’s request for a 7.6% cut at the end of 2025, reducing the company’s total rate change to more than 15% since November. Of last year
“This is another positive development. Louisiana drivers, but our work is not over,” Temple said in a statement. “We must continue to strengthen our regulatory and legal framework so that more drivers can experience the benefits. Of Our reform efforts, and I encourage everyone. Louisiana If you haven’t done so in recent months, shop around now for a more affordable auto policy.
Source: Louisiana Department of Insurance
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Trends Carriers Auto Louisiana Personal Auto Pricing Trends
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