Two more auto insurance companies lower rates in Louisiana

Insurance Commissioner Jim Donelon said Monday that two major auto insurers have been approved for rate decreases for private passenger policies.

Progressive Insurance Group is reducing rates by 2.3% on new business effective Aug. 21 and for renewal business effective Sept. 18. Louisiana Farm Bureau Group submitted a rate filing for a decrease of 7.5% on new and renewal business, both effective Oct. 1. Read more...