LMA NEWSLETTER May 5, 2025

Bill Watch

Recap of Week 9 & Interim Adjournment of Session

This edition’s Bill Watch will close out the 2025 legislative session reports on bills that would change public policy.  On Friday, May 2, legislators in both chambers had finally agreed on a “framework” for a budget deal that would include $2.8 billion in tax cuts, with …

Tampa Life Plan Village Leader Arrested

Plus, Florida’s $1 billion scam problem

The Tampa Life Plan Village Board President is arrested for fraud, a South Florida insurance broker pleads guilty in a $134 million scheme, and internet scammers hit the $1 billion mark against Floridians – we’ll share the best ways to protect your money.  It’s all in this week’s Fraud

Legislature Passes Condo Reform

Relaxed safety standard deadlines meant to ease financial stress

Florida’s condo market has taken a beating since the tragic Surfside building collapse – a development we have covered closely over the last several years.  Tougher safety rules, including strict “milestone inspections” on condominium buildings have led to skyrocketing costs that often fall onto unsuspecting unit …

Citizens Approves Big Reinsurance Buy

Plus a ‘first of its kind’ catastrophe model

Citizens Property Insurance is poised to make a big reinsurance buy for hurricane season, Florida’s direct property premiums continue to grow with the rest of the country, and the birth of a new catastrophic model.  It’s all in this week’s Property Insurance News.

Citizens Reinsurance Buy: The …

Ft. Myers Beach Off of FEMA Probation

Guthrie named to FEMA Review Council

Fort Myers Beach does its homework and will finally be off FEMA probation, President Trump announces some Florida members to serve on the new FEMA review council, FEMA delivers a new update on ending the BRIC program, and the state attorney general drops a lawsuit that accused unequal treatment …