NU Online News Service, Feb.11, 12:00 p.m. EST
Louisiana Insurance Commissioner Jim Donelon said he has denied a request by State Farm, the state's largest home insurer, for an average 19.1 percent rate hike.
The Bloomington, Ill.-based company filed a rate revision for their homeowners program in December of 2009, which was under department review until Mr. Donelon made his announcement last night.
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