Florida Insurance Market Healing | Miami News

Florida’s insurance market is rebounding thanks to bold reforms and aggressive rate cuts, with Governor DeSantis pointing to tangible wins: Progressive alone will refund nearly $1 billion to policyholders, while 17 new insurers enter the homeowners market and top carriers average over 6% rate drops. Legislative efforts to slash frivolous lawsuits are paying off, reducing litigation and boosting confidence in private insurers—now taking over more policies from Citizens Property Insurance. With weather-resilient home programs expanding, Floridians are seeing real savings and a stronger, more competitive market that’s finally working for them. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f0c9974766befc76