Florida homeowners and personal auto policyholders paid nearly $3 billion less for coverage in 2025 than they did a year earlier, according to an actuarial study commissioned by the American Property Casualty Insurance Association (APCIA) released Sept. 2 that credits the state’s 2022 and 2023 legal system reforms for the decline. The sharpest reductions the […]
Root Cuts Florida Auto Insurance Base Rates 15% for 52,000 Policyholders
Root Inc. (NASDAQ: ROOT) has cut base auto insurance rates in Florida by 15%, a reduction the Columbus, Ohio-based telematics insurer said Aug. 27 will lower premiums for nearly all of the more than 52,000 policyholders it covers in the state. Eligible customers will save about $400 a year on average, or roughly $21 million […]
Lemonade Car Insurance Launches in Florida
Lemonade Inc. (NYSE: LMND) said Aug. 26 that its Lemonade Car auto insurance product is now available in Florida, extending the app-based carrier’s telematics-priced coverage into what the company describes as one of the largest and fastest-growing personal auto markets in the country. With Florida added, Lemonade said its Car product is now sold in […]
Parts Authority Acquires NPW Companies
The deal added 46 locations, pushing the aftermarket distributor’s network to nearly 325 branches. Parts Authority has acquired NPW Companies, a family-owned Miami-based warehouse distributor of traditional, engine and performance parts, adding 46 locations to a network that now totals nearly 325 branches, the company said Aug. 11. The acquisition carries Parts Authority into five […]
GEICO Files Two More Florida Auto Rate Decreases Covering 1.3 Million Drivers
GEICO has filed two additional auto insurance rate decreases in Florida that will lower premiums for more than 1.3 million customers in the state, the insurer said Aug. 6. The filings give GEICO three Florida rate reductions in the past year. The company said it has cut annual premiums for Florida drivers by more than […]
Florida Auto Body Association Schedules Three-City Series on Pay Plans and Technician Retention
The Florida Auto Body Association will take a single session on labor costs, compensation and technician retention to three Florida markets in late August, with Bob Kennedy of Wesco Group as the featured speaker. The events run Aug. 25 in Jacksonville, Aug. 26 in Winter Haven and Aug. 27 in Clearwater, each built around the […]
USAA to Return Nearly $1 Billion to Florida Members in Dividends and Auto Insurance Rate Cuts
USAA said June 8 it will distribute a $500 million dividend to about 830,000 Florida auto insurance policyholders, the largest single piece of nearly $1 billion in rate reductions and direct member returns the insurer expects to deliver in the state between December 2025 and July 2026. The San Antonio, Texas-based insurer, which serves military […]
GEICO Opens Tampa Campus with Plans to Add 1,500 Jobs
GEICO officially opened a new 190,000-square-foot, three-building campus in Tampa, Fla., on May 7, with plans to add 1,500 jobs at the site as the company expands its Florida footprint to roughly 4,400 employees statewide. The build-out adds claims-handling capacity in one of the country’s largest auto insurance markets at a time when GEICO is […]
Mercury, Olympus Partner on Bundled Auto-Home Coverage in Florida
Mercury Insurance (NYSE: MCY) and Olympus Insurance announced May 7 a joint program that lets independent agents in Florida bundle Mercury auto coverage with qualifying Olympus homeowners policies, with eligible customers receiving a 10% discount on the Mercury auto policy and a 10% discount on the Olympus homeowners policy. The program pairs Mercury, which currently […]
Crash Champions Opens 20th Tampa Bay Area Repair Center
Crash Champions has opened a new collision repair center in Dade City, Fla., its 20th location in the Tampa Bay area. The 15,000-sq. ft. facility began operating April 6 at 36127 Clinton Ave. The opening continues the multiple shop operator’s buildout in Florida, where it has been actively growing its store footprint since first entering […]
- 1
- 2
- 3
- …
- 19
- Next Page »