PROGRESSIVE INSURANCE TO BEGIN ISSUING CREDITS RELATED TO FLORIDA EXCESS PROFITS
January 16, 2026
January 16, 2026
MAYFIELD VILLAGE, Ohio, Jan. 16 -- Progressive Insurance issued the following news release:
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PROGRESSIVE INSURANCE(R) TO BEGIN ISSUING CREDITS RELATED TO FLORIDA EXCESS PROFITS
Florida law establishes a statutory profit limit and requires insurance carriers to return excess profits to all Florida personal auto policyholders active on December 31, 2025, on a pro rata basis if profits in the state over the 2023-2025 accident year period exceed the statut . . .
* * *
PROGRESSIVE INSURANCE(R) TO BEGIN ISSUING CREDITS RELATED TO FLORIDA EXCESS PROFITS
Florida law establishes a statutory profit limit and requires insurance carriers to return excess profits to all Florida personal auto policyholders active on December 31, 2025, on a pro rata basis if profits in the state over the 2023-2025 accident year period exceed the statut . . .