LMA Newsletter

LMA NEWSLETTER of 10-8-18

Changes to National Flood Program Take Effect
More consumer choice and incentives for a private insurance market

Key changes to the workings of the National Flood Insurance Program (NFIP) that we’ve been sharing over the past few months officially took …

LMA NEWSLETTER of 9-24-18

A Plea for Help or a Solicitation for Input?

 

Two weeks ago, I appeared on a panel in Ft. Lauderdale with South Florida local elected officials and business owners to talk through the economic impacts of sea level rise.  …

LMA NEWSLETTER of 9-10-18

A Glimpse at Future Demands for Long-Term Care
Everything you ever wanted to know about Florida

We know the baby boomers are continuing to retire at record numbers, but the AARP is looking farther down the road at those ages …

LMA NEWSLETTER of 8-27-18

Challenges to Florida’s Economy
A sure sign: too many kids still living at home

Florida’s unemployment rate continues to decline, dropping to 3.7% last month, the lowest it has been since April 2007.  But an updated study of Florida’s economy …

LMA NEWSLETTER of 8-13-18

A ‘Set Your Soul on Fire’ Story

Many of you will recall our last edition’s closing, referencing Disney screenwriter Jennifer Lee, and her advice to us that we be fearless in the pursuit of what sets our souls on fire.  …

LMA NEWSLETTER of 7-30-18

Autonomous Vehicle Update

 

Florida continues its leadership role in Automated Vehicles with a new law July 1 allowing riderless vehicles on Florida’s public roads for research purposes.  The legislation, championed by Senator Jeff Brandes (R-Pinellas), includes both Autonomous Vehicle …

LMA NEWSLETTER of 7-16-18

Feds Approve Florida’s Post-Irma Housing Relief
$75 million reserved to buy-out chronically flooded homes

The federal government has approved Florida’s plan for using $616 million in federal hurricane recovery housing assistance money.  HUD Secretary Ben Carson praised Florida’s disaster response …

LMA NEWSLETTER of 7-2-18

Balancing Hurricane Protection with Cost

As we settle securely into the 2018 Atlantic Hurricane Season, there is always increased awareness of the threat of great storms and other weather-related disasters.  As with any public policy matter, the debate often settles …

LMA NEWSLETTER of 6-18-18

Hurricane Irma Florida Claims Losses Jump $1+ billion in Past Month
P&C sector reported fortified for 2018 hurricane season

The number of claims and especially the total losses jumped significantly in the latest monthly update of Hurricane Irma claims data …

LMA NEWSLETTER of 6-4-18

Commonsense Ideas for the Cat Fund
Excess reserves are better in the policyholders’ pockets

Of course, when the big hurricane hits Florida – or even a series of more modest ones – Florida’s Hurricane Catastrophe Fund (Cat Fund) is ready …