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Latest State Farm rate cut has reduced Florida premiums by $1B

(The Center Square) – Another big insurer is lowering rates in Florida as a result of the state’s tort reform legislation. State Farm is dropping auto insurance rates by an average of 10%, matching its cut of a year ago. Combined, the two cuts will lower insurance premiums in Florida by more tha......

Source: Washington Examiner

Original URL: https://www.washingtonexaminer.com/news/3872920/latest-state-farm-rate-cut-has-reduced-florida-premiums-by-1b/