Louisiana Insurance Commissioner Tim Temple announced this week that two insurers under the Allstate group have filed rate decrease for some personal auto policyholders. Temple has finalized the rate changes, the Louisiana Department of Insurance said.
Imperial Fire & Casualty Insurance Company filed a 6% decrease on its Value Product, which has over 41,000 Louisiana policies and typically covers higher‑risk consumers by providing insurance options that meet state‑required minimum liability limits.
IFAC also filed for a 2.9% decrease on its Mid-Market Product, which has over 32,000 PPA policies in effect and typically covers consumers who need liability limits above the state minimum
Allstate North American Insurance Company’s rate change was for a 7.5% decrease affecting the company’s over 17,000 policies in Louisiana.
Temple previously finalized ANAIC’s request for a 7.6% decrease in late 2025, bringing the company’s total rate change to an over 15% decrease since November of last year.
“This is another positive development for Louisiana drivers, but our work is far from over,” said Temple in a statement. “We must continue strengthening our regulatory and legal framework so more drivers can experience the benefits of our reform efforts, and I encourage all Louisiana drivers to shop around now for a more affordable auto policy if you haven’t done so in recent months.”
Source: Louisiana Department of Insurance
Topics
Trends
Carriers
Auto
Louisiana
Personal Auto
Pricing Trends
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