Intelligent Insurer - Florida sees average 24% price cuts at midyear renewals: Gallagher Re Gallagher Re P&C insurer clients in Florida saw their reinsurance pricing plummet by 23% on average at the midyear renewals. To request a FREE 2-week trial subscription, please…
USAA said it will deliver nearly $1 billion in combined savings and returns to eligible Florida members, including a $500 million dividend, CNBC can exclusively report. The insurer credits Florida's civil litigation and tort reforms as a key reason it can send…
SARASOTA, Fla. (WWSB) - Florida’s auto insurance market is stabilizing, resulting in rate decreases for drivers across the state. Florida’s five largest insurance groups — Allstate, GEICO, Progressive, State Farm and USAA — have filed for multiple rate decreases over the past 18 months,…
Analysts have noted that some Florida consumers are seeing a drop in rates with their auto insurance. But the researchers at CarInsurance.com say the average annual premium for Florida drivers is still high, hovering to almost $4,000 a year. The…
On the same day it acquired a Kansas insurance agency, World Insurance Associates purchased Lock Insurance of Lakeland, Florida. Lock Insurance, founded in 2004, offers personal and commercial coverage. Don Westerfeld is president. The agency is now known as Lock Insurance,…
BAKERSFIELD, Calif. (KERO) — Renee Skinner, a Bakersfield resident, said rising insurance costs forced her to change the way she commutes. She now relies primarily on Uber to get to work in an effort to reduce expenses. “It offset my costs…
The best auto insurance company in Florida is Travelers, according to our analysis Shop quotes from the best car insurance companies Updated May 15, 2026 Florida drivers pay some of the highest car insurance premiums in the nation—34% more than the national…
Mercury Insurance, a leading provider of auto insurance, and Olympus Insurance, a Florida-focused homeowners insurer, have announced a new partnership designed to broaden access to bundled auto and homeowners insurance across Florida. The joint initiative also aims to equip independent…
May 07, 2026, 09:06 ET Joint program delivers meaningful savings and expanded coverage options while equipping independent agents with more ways to serve their customers Through the program, agents can offer Mercury auto insurance alongside qualifying Olympus homeowners coverage, creating a straightforward path…
Florida's top five auto insurers are lowering premiums by an average of 8% for 2026, impacting nearly 80% of policyholders.
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Lansing, Michigan mutual that sells only through independent agents in 26 states; a top-10 U.S. writer of commercial package, commercial auto and fire.