LMA NEWSLETTER May 3, 2021

The Weekend After

I spent this weekend, what I call the “weekend after legislative session,” reflecting on the previous few months.  With the session timeframe being 60 days from the first of March to the end of April, the real work is done in the months prior.  For the past year, since the adjournment of the 2020 session, …

Bill Watch

Recap of Week 9: End of 2021 Session

The Florida Legislature saved the two biggest insurance issues of the session to the last day on Friday: property insurance and no-fault auto insurance reform.  Both passed and there were certainly compromises along the way, as you’ll read below.

It was an especially productive session overall.  Lawmakers …

Summary Judgment Standard Change Official

by Gregory Holder, Esq.

On April 29, 2021, the Florida Supreme Court issued a per curiam opinion in Case: SC20-1490 (see, 46 Fla.L.Weekly S95a).  In this opinion, the Florida Supreme Court further amended the summary judgment (“SJ”) Rule 1.510, Fla.R.Civ.P. to align with Rule 56, Fed.R.Civ.P.  These changes became effective May 1, 2021, …

Flood Digest

NFIP reauthorization, private flood

Congress is gearing up for its annual effort to reauthorize the National Flood Insurance Program (NFIP) and early proposals call for limiting rate increases on federal flood insurance.  Meanwhile, a new report suggests it will take more than better analytics and private writers to actually reduce flood risk, even as Louisiana …

Lumber Prices Driving Higher Housing Costs

Pandemic messed with supply & demand

The National Association of Home Builders estimates lumber prices have increased 200% in the past 12 months, raising the average price of a new single-family home by $24,000.  And apparently it’s a simple case for now of supply and demand, as the coronavirus caused mills to slow-down, reducing the …

Hemp On!

The future is looking bright for the Sunshine State’s very own hemp program, as the Florida Department of Agriculture and Consumer Services (FDACS) and its Office of Cannabis observed the one-year anniversary of the program last Tuesday.  FDACS and the Office have maintained careful oversight of the state’s hemp program and of the distribution of …