Progressive, one of the nation’s top auto insurance companies, plans to return nearly $1 billion to Florida policyholders, Gov. Ron DeSantis announced Wednesday.

Policyholders will receive an average of $300, DeSantis said, that will show up either as a refund check or a credit toward coverage renewal.

DeSantis credited insurance reforms enacted by Florida’s Legislature in 2022 and 2023 with reducing auto insurers’ losses and making it possible for the state’s top five companies to request a combined 6.5% rate reduction in 2025, down from +4.3% in 2024 and +32.7% in 2023.

The reforms, he said, reduced insurance litigation by making it more difficult for plaintiffs attorneys to recover steep legal fees. The reforms followed years of rate increases resulting from claims disputes that sa

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