LMA NEWSLETTER March 11, 2019

Ode to Daylight Savings Time

I don’t know about you but I have more energy when the sun shines and its daylight.  The minute our state moves to the dark winter evenings, I automatically get sleepy around 6 pm and the rest of the night goes downhill.

So when I saw last year that Southwest Florida Congressman Greg Steube was …

$315 Million Hurricane Michael Package Proposed

Loans for cleanup, affordable housing, and timber industry

The first comprehensive bill to focus on emergency mitigation and response to Hurricane Michael was introduced this past week in the Florida Senate.  It joins a myriad of other filed bills collectively amounting to nearly $1 billion in relief and recovery funding for the October 10 Category …

Bill Watch

 Week #1 of the Legislative Session

The Florida Legislature convened its 2019 session this past week with Assignment of Benefits (AOB) reform bills now moving in both chambers and Governor DeSantis noting AOB “has really degenerated into a racket” that he hopes the legislature will fix, in his State of the State address.

The new …

Two New Developments Hold Promise for Private Flood Insurance Market

FEMA remapping creates uncertainly

Recent news that federal financial regulators have adopted a final rule compelling lenders to accept private flood insurance, together with a renewed effort to adopt a model flood insurance law for all states to encourage a private market, bodes well for consumers and the growing private insurance sector.  Not only will …

Florida Building Resiliency

While insurance companies worry about growing disaster impacts

Surviving floods and hurricanes is a matter of building resiliency against the ever-dangerous elements.  And mitigation is one of the key building blocks to achieving resiliency in our homes, our schools, and our businesses.   Governor DeSantis has created the Florida Office of Environmental Accountability and Transparency, in …

Hurricane Improvements Pay, Not Cost

PACE program working in Florida

A program that’s all about resiliency here in Florida – as well as in California, and lately in Missouri – is the Property Assessed Clean Energy Program or PACE for short.  A recent economic benefits study of the program not only revealed the economic impact the program is having on …

Florida Great for Taxes, Not So Much for Kids Care

Studies outline equities for Floridians

The good news: Florida is tied for having the most business-friendly income tax system in the country.  The bad news: we’re among the worst in providing baby & toddler services.  Those are the conclusions of respective reports out this past week that underlie the competing funding challenges and priorities facing  …

Pioneering the New American Space Age

To kick this year off, I wrote about the man behind Tesla and SpaceX, Elon Musk, and his incredible work ethic, citing his “Work like Hell” quote to inspire us to find what drives us to effectively work harder than the competition.

Last week, Musk and the incredible team at SpaceX showed us just what …