Florida's Auto Insurance Market Shows What Lawsuit Abuse Reform Can Deliver

Florida drivers are still seeing results from lawsuit abuse reform. On October 26, 2026, the Florida Office of Insurance Regulation announced that Commissioner Mike Yaworsky approved an average 7% auto rate decrease for USAA, affecting more than 498,000 policies. The release also gave a broader picture of the state's market:

"Florida's auto insurance market continues to show strong growth and stability. As of this Fall, the top five auto groups are showing a 2026 indicated rate change of -12.6%, affecting 81% of Florida's auto market. Florida ranked #1 as the state with the lowest personal auto liability loss ratio, recorded at 52.5% in 2025—the lowest recorded for Florida in the last 15 years."

Commissioner Yaworsky called the USAA action "fantastic news," calling for "other companies to continue following suit."

Chief Financial Officer Blaise Ingoglia said:

"Florida's insurance market is getting stronger by the day and this announcement is yet another example of the success of our tort reforms. These auto insurance rate decreases will help Florida families keep more of their hard-earned money in their pockets."

Reform works: rates are falling, loss ratios are improving, and families are keeping more of their paychecks.

Florida shows that fixing the incentives behind lawsuit abuse lowers costs for consumers. Lawmakers in every state facing rising premiums should follow Florida's lead and pass commonsense lawsuit abuse reform now.