LMA NEWSLETTER May 7, 2018

Remembering Mom

In our last newsletter’s closing, we honored First Lady Barbara Bush, and I asked our readers to share stories of Mom memories.  The many responses I received were heartfelt and inspiring.  From the reader who said he lost his mom recently and appreciated the opportunity to share, to the reader whose Mom is 92 and …

Florida Workers’ Comp Rates Reduced Again

Second reduction in a year credited to federal tax cuts while DFS launches study

The Florida Office of Insurance Regulation (OIR) last week announced it approved a rate decrease of 1.8% on Workers’ Compensation insurance rates, as filed by the National Council on Compensation Insurance (NCCI) on behalf of about 250 insurance companies.  NCCI said …

High Housing Costs in the Florida Keys

Resolving post-Hurricane Irma economic recovery challenges

A community group in the Florida Keys has lost its latest legal challenge to property insurance rates set by Citizens Property Insurance Corporation, the state’s insurer of last resort and the only company that will insure much of the Keys.  Barely above sea level, the Keys is high-risk and …

Florida Home Sales Down, Prices Up

The beginning of a trend?

When we talk about property and casualty insurance, the first word we literally talk about is “property” – the dwelling and the land upon which it sits.  So our real estate and insurance markets are intertwined.  Our next few stories impact both sectors.   In a sea change from the Great …

Fleeing Florida Faster in Future Hurricanes

New Coastal Connector highway routes revealed

When the Florida House of Representative’s Select Committee on Hurricane Response and Preparedness issued its final report in January with 78 recommendations to make Florida a safer and better prepared state when the next big hurricane hits, one of those suggestions was extending the Suncoast Parkway from Citrus County …

Revising Florida’s State Constitution

Five Citizens & Legislative Initiatives on the ballot, too

(Editor’s note: This is part of an ongoing series on the 13 proposed state constitutional amendments that will appear on this November’s ballot for Florida voters to consider.)  Last week, we shared the news of the final eight proposed amendments put forth by the Constitution Revision …

Memorable Speeches: Commencement and Historic

A wise Tallahassee colleague, Jack Levine, is a gifted writer who I call an “inspirationalist.” You can learn more about Jack at http://www.4gen.org/ and he recently wrote that this is the season of graduations and commencement addresses. Despite the wry quote of Doonesbury cartoonist Garry Trudeau, that “Commencement speeches were invented largely in the belief …