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Farmers Insurance pulling out of Louisiana

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BATON ROUGE, La. (AP) — Farmers Insurance Exchange, which has around 23,000 homeowner and 7,000 auto policies in Louisiana, is dropping those lines of business in the state, but a company spokesman said Friday it will retain more than 100,0000 policies in Louisiana under three other brand names. Insurance Commissioner Jim Donelon said Thursday that the company cited substantial losses as a...

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