Governor DeSantis holds press conference to discuss the growth of insurance companies in Florida and announce a reduction in auto insurance rates.

Governor Ron DeSantis unveiled significant progress in Florida’s insurance market during a press conference in Miami today, announcing rate reductions for homeowners and auto insurance, as well as the entry of 11 new insurance companies into the state.

TALLAHASSEE -- Gov. Ron DeSantis on Wednesday said that many South Florida customers of the state's Citizens Property Insurance Corp. will receive rate decreases this year. During an appearance in Miami, DeSantis said 73 percent of Citizens customers with homeowners policies in Miami-Dade County will receive premium reductions.

Significant rate decreases will soon be announced for Citizens Insurance customers in Broward and Miami-Dade counties, Gov. Ron DeSantis announced on Wednesday. The company in June had asked for

MIAMI, Fla. (WCJB) - Major insurance companies are filing to reduce their insurance rates across the state of Florida. Governor Ron Desantis announced Wednesday that several major homeowner and auto insurance companies, such as GEICO, Progressive, and State Farm are filing to reduce those rates.

Florida's governor held a news conference Wednesday afternoon in Miami-Dade County to announce significant reductions in the cost of insurance for drivers and homeowners.

Governor Ron DeSantis was in Miami on Wednesday, announcing that home and auto insurance rates are set to drop in 2025.