SARASOTA, Fla. — Some Florida drivers might soon find extra cash in their mailboxes.

What You Need To Know • Progressive Insurance may soon issue rebates to Florida policyholders • Progressive has approximately 2.7 million auto policyholders in Florida • The rebate is estimated around $300, depending on the policy length, Gov. Ron DeSantis said • The rebate comes after reforms targeting abusive litigation practices

Gov. Ron DeSantis announced Wednesday in Sarasota that Progressive Insurance plans to rebate about $300 to its Florida policyholders. The total payout is estimated at roughly $1 billion, with distribution expected before the end of the year.

“Progressive currently estimates that it will exceed the statutory profit limit that a Florida statute imposes for this specific

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