LMA NEWSLETTER March 9, 2020

Waiting & Hoping

Up front, our newsletter will talk about Coronavirus going forward only if there’s a specific legislative funding or insurance relevance, which there happens to be in this edition.  All of us are inundated with news about this virus and we are already practicing great hygiene and using common sense!  Most of us are living our …

Bill Watch

Recap of Week 8 & Preview of Week 9 of Session

It is not uncommon for the big tough issues to be left to the end of a Florida legislative session.  And that’s certainly the case this year as we enter the last scheduled week of session with some major issues still being resolved.  So …

Coronavirus in Florida

Legislature and regulators react

The Florida Legislature’s budget negotiations over this past weekend included an additional $25 million in state health department funding to fight the spread of both the coronavirus and hepatitis A, for which a public health emergency was also declared last August.  Meanwhile, the Office of Insurance Regulation (OIR) has directed health …

Contractor & Henchmen Plead to Scam

Con invoked Christian values

As we’ve been saying, contractor fraud and litigation antics have left a trail of abused consumers across Florida and driven-up the cost of property insurance.  Three Tampa area men who made the six-hour trip to the Panhandle to supposedly help elderly Hurricane Michael victims repair their damaged homes have now pled …

Florida Has Cleanest Air on Record

All Clean Air Act standards met

Amid the noise and chaos of other headlines, was a very significant piece of news last week: Florida has met all national clean air standards for the first time in more than a decade and is the first among the largest populated states in the country to do so.…

Credit Scores Hit Record High Nationally

Florida in the middle

The average FICO® Score in the U.S. has reached an all-time high, driven by millennials, who now outnumber baby boomers.  The average credit score rose to 703 on a scale 300 (considered very poor) to 850 (excellent).  That’s up from 701 in 2018 and up 14 points since 2010.  Florida …

Like the Sands in the Hourglass…

When you’re on the inside looking out, it’s sometimes good to remember that we live in paradise here in Florida, where natural beauty is all around us.  If we’re wise enough to recognize and appreciate this beauty from time to time, it moves us more to preserve what we have.   We got another reminder of …