Progressive Insurance will begin issuing credits to Florida personal auto policyholders after determining it exceeded the state’s statutory profit limit for the 2023-2025 accident year period. Florida law requires insurance carriers to return excess profits on a pro rata basis to policyholders when profits exceed the statutory limit. The insurer said it is issuing credits […]
USAA Files for 7% Auto Insurance Rate Decrease in Florida
USAA has filed for a 7% average decrease in auto insurance rates in Florida. The rate decrease is expected to take effect by May 2026 and would result in an estimated $125 million in annual savings for the insurer’s Florida policyholders. USAA serves military members, veterans and their families. “Every dollar counts for our active-duty […]
State Farm and Progressive Reduce Auto Insurance Rates Auto Rate Decreases in Tennessee, Louisiana
State Farm announced personal auto insurance rate decreases in Tennessee and Progressive will is lowering rates in Louisiana, continuing a trend of declining rates driven by reduced claims frequency. State Farm reduced auto rates by more than 10% on average in Tennessee, that took effect Dec. 15 for new business and will take effect mid-January […]
Georgia Approves Auto Insurance Rate Cuts for Liberty Mutual, Safeco Customers
Latest rate approvals follow reductions by State Farm in November. Georgia Insurance and Safety Fire Commissioner John F. King announced last month the Office of the Commissioner of Insurance approved rate reductions for Liberty Mutual and Safeco policyholders in the state. The approved rate filings include a 5.7% reduction for Liberty Mutual Personal Insurance Co., […]
State Farm Approved for 5.9% Auto Insurance Rate Decrease in Louisiana
State Farm has received approval from Louisiana Insurance Commissioner Tim Temple for a 5.9% average rate decrease on personal auto insurance, the Louisiana Department of Insurance announced Dec. 11. The change affects more than 1,066,000 policyholders and takes effect Jan. 1, 2026. State Farm is the largest personal auto insurer in Louisiana with approximately 30% […]
State Farm Files for 6.2% Auto Rate Reduction in California
State Farm Mutual Automobile Insurance Company has filed for a 6.2% auto insurance rate reduction in California, the latest in a series of rate cuts the insurer has implemented across multiple states. The filing, submitted to the California Department of Insurance, would take effect Feb. 23, 2026, pending regulatory approval. The reduction applies to personal […]
Florida Auto Insurers Cut Rates as State Officials Credit Legal Reforms
Top five insurance companies continue to reduce rates following recent 6.5% reduction across 78% of the auto insurance marketplace. Florida Insurance Commissioner Mike Yaworsky said the state’s auto insurance market continues to see rate reductions from major carriers, which he attributed to legal reforms enacted over the past two years. Yaworsky recently announced that the […]
Georgia Approves 3% State Farm Auto Insurance Rate Reduction
Georgia insurance regulators announced yesterday they approved a 3% rate reduction for State Farm auto insurance customers, bringing total rate decreases for the insurer to more than 10% over the past year. The rate filing approved by Insurance and Safety Fire Commissioner John King will reduce premiums by an estimated $400 million annually for State […]
Auto Insurance Shopping Growth Slows but Remains Strong in Q3
As consumer seek new carriers, nearly one-third of rate filings in the third quarter were for lower premiums. Auto insurance shopping grew 6.4% year-over-year in the third quarter, marking a slowdown from earlier in 2025 but continuing a trend of elevated consumer activity, according to LexisNexis Risk Solutions’ quarterly Insurance Demand Meter. New policy growth […]
Allstate Companies to Lower Louisiana Auto Insurance Rates in December, January
Two Allstate insurance companies will decrease personal auto insurance rates in Louisiana following approvals from the state insurance department. Insurance Commissioner Tim Temple approved a 7.6% rate decrease for Allstate North American Insurance Company affecting 10,746 personal auto policyholders statewide. The change takes effect Jan. 8, 2026. Temple also approved a 15% decrease for Encompass […]
- 1
- 2
- 3
- …
- 6
- Next Page »