Commissioner of Insurance George Dale granted Brierfield Insurance Company a 12.6 percent reduction in premium rates for commercial automobile policies in Mississippi.
The reduction takes effect Sept. 1.
This is the second rate reduction announcement by Brierfield in recent months. On May 1, the company announced it was revising rates for commercial policyholders statewide, including the Mississippi Gulf Coast, which resulted in overall premium decreases of 8.8 percent and 9.3 percent.
Brierfield is a Mississippi domestic insurer that is actively writing in Mississippi, including wind policies on the Gulf Coast.
Source: Mississippi Insurance Department
Was this article valuable?
Here are more articles you may enjoy.
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Toilet Paper Warehouse in California Destroyed by Fire; Employee Arrested 
Florida Mobile Home Insurance Market Still Struggling With Premiums, Coverage 
