Allstate will be charging Mississippi homeowners an average of 19.4 percent more for insurance, and State Farm received approval for an average 18.8 percent rate hike in Florida.

The Mississippi Insurance Department (MID) confirms Commissioner Mike Chaney approved the increase for Allstate, which originally requested a 65 percent average statewide increase for homeowners' insurance last year.

Chaney denied Allstate's first request and a subsequent request for a 44 percent rate hike. The commissioner said he would not approve the filing without a court order.

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