Progressive Insurance Will Reimburse FL Policyholders $1 Billion

Progressive insurance will reimburse FL policyholders $1 billion

Progressive – Pictured: Car insurance form & key on table — Courtesy: Shutterstock — Africa Studio Sarasota, FL. – Due to litigation reform in the state, Progressive auto insurance policyholders in Florida should receive a rebate or credit, according to Florida Governor Ron DeSantis. Those who are insured by other firms may also notice savings soon. That statement was made by the governor at a press conference in Sarasota on Wednesday morning. B…

DeSantis Announces $1 Billion in Auto Insurance Refunds Amid Improving Florida Insurance Market

Governor Ron DeSantis announced that Florida drivers will soon receive nearly $1 billion in auto insurance refunds, as the state’s insurance market continues to show signs of stability and reform-driven improvement. The refunds will be issued by Progressive Insurance, which cited Florida’s 2023 tort and insurance reforms as the driving force behind lower loss costs […] The post DeSantis Announces $1 Billion in Auto Insurance Refunds Amid Improvi…

Governor Ron DeSantis Announces $1 Billion in Auto Insurance Refunds as a Result of Florida’s Improving Insurance Market | Executive Office of the Governor

Governor Ron DeSantis announces $1 billion in auto insurance refunds as a result of Florida’s improving insurance market

The governor announced that, thanks to improved market conditions, Progressive will refund nearly $1 billion to Florida auto policyholders, reflecting reduced losses and strong savings tied directly to the state’s tort and insurance reform efforts. The post Governor Ron DeSantis announces $1 billion in auto insurance refunds as a result of Florida’s improving insurance market appeared first on Alachua Chronicle.