LMA NEWSLETTER August 3, 2026

The Power of Collaboration

This past week I had the pleasure of attending the Latin American Association of Insurance Agencies 56th annual conference on beautiful Marco Island.  It was truly invigorating to witness the enthusiasm and renewed optimism for the industry’s future following the news in our last edition of the drastic reduction in property insurance claims and …

Florida Insurance Regulators Consider Changes on Counting Complaints

Plus, Citizens arbitration program headed to Florida Supreme Court

Florida insurance regulators hear concerns about their new method of determining how many are too many claims-handling complaints from consumers, the upcoming hearing this week on how those claims are mediated in the future, why the Florida Supreme Court is getting the Citizens arbitration program challenge, …

Florida Appellate Court Overturns Excessive Claim Award

Plus, the $5.6 million elevator verdict

A Florida appeals court finds a jury’s award for plumbing damages out of line with the evidence, another appeals court finds that a Pre-Suit Notice is required for every case, and a newspaper carrier is awarded $5.6 million after being trapped in an elevator for hours.  It’s all in …

The Call for Including Natural Solutions in NFIP Risk & Pricing

What Florida is doing to help

As we regularly discuss here at LMA, flooding is sadly becoming a regular occurrence here in Florida and for countless Americans, many of whom live far away from the high-risk flood zones we’ve traditionally been warned about.  Floods have become the most common and expensive natural disaster, costing $46 …

The AI Bump in the Insurance & Financial Workforce

As the role of artificial intelligence in our everyday lives continues to evolve, the question of replacement vs. augmentation of the workforce has been at the forefront of the collective consciousness.  While we reported on a hiring shift back in February that looked like bad news for entry level applicants and industry veterans, it seems …