Progressive’s $950M in Florida Regurgitation to Mostly Be Credits in Renewals
Progressive’s insureds in Florida who held auto policies in 2023 and 2024, then switched to another carrier, may not qualify for a refund, despite a state law that measures excess profits over a three-year period. Progressive officials said that the profit-regurgitation laws, Florida Statutes 627.066 and 627.915, require refunds only for drivers with active policies […]
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