LMA NEWSLETTER June 14, 2021

Congratulations All Around!

It’s the season of congratulations, with high school and college graduations abounding.  But let’s not forget about us adults as we build upon our ongoing learning and apply it to providing practical solutions now and in the future.  So congratulations is in order to the following.

The Florida Housing Coalition:  Congrats to the Florida Housing …

Property Insurance Reform Signed

The bill is only a start – more to be done

The big news of the week, of course, is Florida’s new property insurance reform signed into law, effective July 1.  SB 76  was signed by Governor DeSantis this past Friday in a Sarasota ceremony attended by legislators, regulators, and trade groups, that included a …

Bad Faith: What you don’t know can now hurt you

And more than you think…

For millennia the legal system has been pretty much the same.  Someone has a complaint, they hire a lawyer, and you get sued.  You hire another lawyer, the lawyers exchange endless paperwork, and occasionally they go to court.  Eventually there’s an agreement, or the court decides.  Either way, you know …

Reducing Policyholder Litigation

Citizens tries a newsletter

In the wake of property insurance reform, Florida carriers are becoming more proactive in their communication with policyholders, in an effort to reduce costly litigation.  The idea is not just to better educate consumers about their policies, but inform them of helpful alternatives to the bad actors in getting their legitimate …

Insurance Fraud

By policyholder & agent

An Opa-locka woman whose mother had just passed away is now accused of insurance fraud for assuming her mother’s identity in filing a series of property insurance claims totaling tens of thousands of dollars.  Meanwhile on the other end of the state in Pensacola, a Florida insurance agent has been charged …

Passport, Wallet, Toothbrush…travel insurance!

Insurance that knows when you need it

‘Tis the season for travel during the summer and besides a traveler’s passport, wallet, toothbrush and other travel needs, securing travel insurance just got easier!  The world’s largest publicly traded property and casualty insurance company, Chubb, announced last week a novel idea in the travel insurance space. 

Called …

Accepting Challenge

“If it doesn’t challenge you, it won’t change you.” – Fred DeVito 

This quote is from Fred DeVito, who along with his wife Elizabeth Halfpapp, are the creators of Core Fusion and the heads of the now global EXHALE spas.   

You may examine the lives of the best and most successful individuals among us, and …