Infinity Auto to Refund More Than $46 Million in Excess Profits to Florida Policyholders
The state insurance regulator says Infinity Auto will return the money within 60 days and that other auto insurers are nearing the same threshold.
Florida auto insurance rate cutsPart of a story we are following · 1 article · See every update
What the regulator announced
The Florida Office of Insurance Regulation (OIR) said Infinity Auto Insurance Company will refund more than $46 million in excess profits to consumers within 60 days, according to a state bulletin dated Nov. 2, 2026. The profits cover the calendar and accident years 2023, 2024 and 2025.
Insurance Commissioner Mike Yaworsky said in the bulletin that “Insurers must act in the best interest of Florida consumers,” and he credited the company for “providing data promptly to the Office of Insurance Regulation.”
How excess profit refunds work
Under Florida law, insurers must return excess profits if underwriting gains for the three most recent calendar-accident years combined exceed the anticipated underwriting profit plus 5% of earned premiums for those years, the bulletin says. The bulletin cites Section 627.066, Florida Statutes.
What the regulator says comes next
The commissioner said other auto insurers are approaching the statutory threshold and that he expects “more announcements of refunds for Floridians in the near future.” The OIR said it is reminding other auto insurers of their obligation to return excess profits when applicable.
What the notice does not say
The bulletin does not say how many policyholders will receive refunds or how much each one will get. It does not say whether refunds are automatic or require a claim. It does not name any county or metro area.
Infinity will try to locate policyholders whose refund checks are returned. If it cannot reach them, it will report the unclaimed funds as unclaimed or abandoned property under Chapter 717, Florida Statutes, the bulletin says.
Live in the Emerald Coast? Write for us as a Community Contributor and share what you see in your town.
Questions and answers
- Will Infinity Auto refund excess profits to Florida drivers?
- Yes. According to a Florida Office of Insurance Regulation bulletin dated Nov. 2, 2026, Infinity Auto Insurance Company will refund more than $46 million in excess profits to consumers within 60 days. The profits cover calendar and accident years 2023, 2024 and 2025.
- Do I need to file a claim to get an Infinity Auto excess profit refund?
- The Florida Office of Insurance Regulation bulletin dated Nov. 2, 2026, does not say whether refunds are automatic or require a claim. It says Infinity will try to locate policyholders whose refund checks are returned, and unclaimed funds will be reported as unclaimed or abandoned property under Chapter 717, Florida Statutes.