LMA NEWSLETTER April 5, 2021

An Essay on Writing…Measuring & Mixing for a Delicious Dish

Many of you love to write like we do and consider writing a life-long passion.  As an ardent advocate for good public policy in the insurance arena and other industries, writing allows me to gather thoughts and introduce them to you.  This mutual relationship with each of you grows when I allow myself to capture …

Insurance Digest

Receivership, Hurricane Warning, & Codes

A very small property insurance writer in Florida is heading into receivership with state regulators, an early forecast warning for this year’s hurricane season, and perhaps an end to anonymous tips on code-enforcement violations.  It’s all in this week’s Insurance Digest.

Receivership: Unfortunately, the Board of Directors of American Capital …

Bill Watch

Recap of Week 5 & Preview of Week 6 of Session

We are now officially past the halfway point of the Florida legislative session, with another four weeks to go in this session that’s scheduled to end on April 30.  A final vote could come Wednesday in the Senate on needed property insurance market reforms, …

FEMA’s Risk Rating 2.0

Nearly 1.4 million Floridians will pay more

FEMA last week rolled-out specifics on its new Risk Rating 2.0 flood insurance rates in the wake of renewed criticism by some congressional leaders that it lacks authority to do so and that rate hikes will hurt consumers.  Calling it “transformational and equitable” FEMA and its many supporters …

Up, Up & Away!

The city of Miami is about to receive the newest addition to its iconic skyline: the Waldorf Astoria Residences Miami.  Upon completion, this striking luxurious skyscraper will overlook Biscayne Bay and stand more than 1,000 feet as Florida’s tallest building.  Sales, being handled by developer PMG, have just launched in pre-development for the 360 private …