LMA NEWSLETTER December 14, 2020

Leaving 2020 Behind

My cousin in New York City recently posted the photo at left on his social media.  It is indeed, so true, that living in times of disparity do help us focus on the important things in life that we sometimes take for granted.  Despite everything that has happened in 2020, this holiday season is one …

Florida Bar v. Scot Strems

Fourth complaint filed

In an update to the legal battles of the Florida Bar v. Scot Strems, we are providing quoted excerpts and links to the most recent pertinent published reports.  The Florida Bar recently filed its fourth complaint against Strems, the suspended plaintiff insurance lawyer from Coral Gables.  In the Complaint, and its …

Bill Watch

2021 legislation filed

The first bills of the 2021 Florida legislative session have been filed, as we near the start of committee weeks on January 11 leading to the beginning of session on March 2.  They include two insurance bills, the first of many we expect to see filed this session.

SB 212 – Contingency

Workers’ Comp Rates Fall Again

New study on essential workers

We will be starting the new year of 2021 with lower workers’ compensation insurance rates here in the Sunshine State.  The Florida Office of Insurance Regulation (OIR) has approved a statewide overall decrease of 6.6% for new and renewal policies effective on January 1.  The National Council on Compensation Insurance …

Florida’s Mental Health System “a Mess”

More COVID funding on the way

A statewide grand jury examining school safety issues in Florida has released its third interim report, this one focused on the state’s mental health system.  The report said the system is “a mess” with “urgent problems” involving funding, inadequate services, and inter-agency conflicts.  It recommends that the Florida Legislature …

Auto Property Damage Claims Costs Outpacing Inflation

Newer vehicles more expensive

A new study from the Insurance Research Council (IRC) finds that the average payment for auto physical damage insurance claims from 2010-2018 increased at more than double the rate of inflation.  The study, which examines patterns in private passenger comprehensive, collision, and physical damage liability insurance claims, found that average claim …

Obamacare Enrollment Up in Florida

Participation rate leads nation

Sign-ups for federal marketplace health insurance plans, better known as Obamacare, are up 32% in Florida over last year with almost a million more people registering, according to the group Get America Covered.   Nationally, through December 5, 3.8 million people have signed up for coverage via the federal government’s HealthCare.gov

Rebirth

I recently made a trip to Florida’s Panhandle as I like to do from time to time, to see the progress in disaster recovery efforts post-Hurricane Michael.  It’s been 26 months since the Cat-5 storm struck Mexico Beach and the greater Panama City area, moving northward from there into Georgia.

I was struck by the …