State Farm files for 10% auto insurance rate cut in Florida
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Gov. Ron DeSantis announced that "very soon," many South Florida customers of the state’s Citizens Property Insurance Corp. will receive rate decreases. ⁠ ⁠ The governor attributed the rate cuts to reforms enacted by the legislature in recent years which he says have stabilized the insurance market, leading 11 new companies to start writing policies in the state.⁠ ⁠ DeSantis said auto insurance rates will also be going down for customers of Geico, Progressive, and State Farm.⁠ ⁠ Details here: ht
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