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Progressive Records $2.6B in Q3 Income After Refunds for Excess Profits in Florida
Oct 20 2025 // Progressive posted $2.6 billion in third-quarter net income last week in spite of taking a nearly $1 billion charge to account for excess profits the carrier will have to return to Florida auto insurance...
Florida, Alabama Hold Hearings on NCCI Workers’ Comp Rate Decreases
Oct 20 2025 // The National Council on Compensation Insurance is again recommending a reduction in workers’ compensation rates in Florida and Alabama, and regulators in both states have scheduled public hearings about the proposed...
Debt Collector Adds Subrogation Recovery for Insurers in Florida and Other States
Oct 20 2025 // A debt collection agency announced it has launched a subrogration recovery service for insurance companies in Florida and other states. Southwest Recovery Services, a 21-year-old company with offices in Texas, Florida,...
AI-Powered Home Insurance Startup Expands in Risky Florida Market
Oct 17 2025 // Stand Insurance has raised $35 million in a Series B funding round to expand its artificial intelligence-powered coverage for homeowners. The company targets insurance markets deemed risky, with policies covering...
Florida, National Groups File Suit Over ‘Anti-Public Adjuster’ Endorsements
Oct 14 2025 // At least six property insurers in Florida have opened a new front in their battle against public claims adjusters – policy endorsements that strongly discourage property owners’ use of public adjusters...
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