Insurance Commissioner Tim Temple has approved Louisiana Farm Bureau Casualty Insurance Company’s request for an 11.8% rate decrease affecting the policyholders of more than 80,000 Louisiana vehicles. The change takes effect Jan. 1, 2026. Rate changes are statewide averages, so each policyholder’s rate change will vary based on their individual risk.

“Louisiana Farm Bureau cited two reasons for this significant decrease,” Commissioner Temple said. “First, a decrease in accident frequency and severity. Second, while Louisiana’s recent legal reforms have not yet taken full effect, Farm Bureau said our efforts gave them confidence that Louisiana is committed to improving the market for insurers and consumers.”

Additionally, Louisiana Farm Bureau Mutual Insurance Company notified the Louisia

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