Florida Auto Insurance Rebates Total Nearly $1 Billion After Litigation Reforms
Florida auto insurance reforms lead to nearly $1 billion in rebates for Progressive policyholders, signaling lowered litigation costs and market-wide rate reductions.
Florida auto insurance reforms lead to nearly $1 billion in rebates for Progressive policyholders, signaling lowered litigation costs and market-wide rate reductions.
Florida's top auto insurers reduce rates by 6.5% after litigation reforms aimed at reducing costly lawsuits. Market trends suggest increased competition and usage-based discounts.
Florida's property insurance market shows rising premiums driven by construction and reinsurance costs despite stable policy counts following litigation reform legislation.