LMA NEWSLETTER April 8, 2024

Honoring My Pal…Happy Birthday John Auer

This past weekend I made a memory with a 70 year-old pal.  We celebrated John Auer’s birthday with a small gathering of those who know personally and professionally the man that so many of us call a friend. 

For those who are readers and don’t know John, he had an idea to start an insurance …

’Extremely Active’ ‘Explosive’ Hurricane Season Coming

The latest forecasts

Springtime means rising water temperatures in an Atlantic Ocean that is already warmer than usual and with it, a rising hurricane risk to match.  Colorado State University (CSU) released its annual hurricane forecast for this upcoming storm season, calling it “extremely active” with a record-breaking 11 hurricanes predicted for the season that …

Ian Repair vs. Rebuild Reaches Crisis Point

FEMA eliminates flood discounts for violations

Elected officials from both the state and federal governments are appealing to FEMA officials to at least reconsider – if not overturn – their decision in late March to eliminate the 25% discount on federal flood insurance policies on up to 125,000 property owners in Southwest Florida.  FEMA said …

More Hurricane Ian Money Released

Focus on unmet recovery needs

The state of Florida is making more funding available to help individuals, families, and businesses impacted by 2022’s Hurricane Ian, the costliest storm in Florida history.  The state Department of Commerce announced last week that it will make more than $910 million available to help with continued recovery, as well …

Positive Signs in Fla’s Property Insurance Market

Plus, clarifying ‘average homeowners premium’

Further positive indications that Florida’s property insurance market is stabilizing, stable pricing but questionable availability of reinsurance for the upcoming hurricane season, confusion over the average homeowners premium, Citizens Insurance reports fewer claims lawsuits yet increased litigation costs, and Florida regulators issue another Hurricane Ian data call.  It’s all in …

Termites Combining Forces in Florida

Plus, new environmental protection funding

Termite swarm season is rapidly approaching, converting Indian gaming proceeds to help protect Florida’s environment, including flood protection, and putting an end to proposed local heat protections for outdoor workers.  It’s all in this week’s Environmental and Engineering Digest.

Invasive Termites in Season: Florida researchers are warning that the …

Obamacare Still Popular in Florida

Mayo Jacksonville expanding

ACA enrollment hits an all-time high in Florida and nationwide, Florida closed more than 1,300 Medicaid fraud cases in 2022, and the Mayo clinic is looking to expand big-time in Jacksonville with a new campus.  It’s all in this week’s Healthcare Digest.

ACA Enrollment Skyrocketing: On its 10th anniversary, over …

They Work at Night

The recent Baltimore bridge collapse has now claimed the lives of three bridge workers, with three others still missing after the early morning tragedy of March 26.  The six were among eight construction workers fixing potholes on the Francis Scott Key Bridge when it was struck by a container ship and collapsed into the Patapsco …