As we begin this new week with bellies still full from the Thanksgiving feast (and the leftovers!), I want to share something that comes from a dear friend and fellow advocate, Jack Levine, founder of the 4Generations Institute, based here in Tallahassee, Florida. A life-long learner, one of Jack’s favorite expressions from the heart …
LMA NEWSLETTER November 29, 2021
Preparing for Session
Major insurance bills missing
Lawmakers are back in Tallahassee this week for the last of six weeks of committee meetings leading into the regular 60-day legislative session that begins on January 11. The full legislature was in town the week before Thanksgiving and passed a series of COVID-19 vaccine and mask measures, but what’s still …
Property Insurance Lawsuits Up 29%
Contractor, lawyer workarounds up, too
As we said, so far, the additional needed insurance consumer protection reforms haven’t been filed yet in the Florida Legislature, but new data supports that they are needed now more than ever. A look at property insurance lawsuit data from the Florida Department of Financial (DFS) shows a big increase …
Adjusters as Appraisers?
Supreme Court declines to opine
Another factor contributing to Florida’s out-of-sync homeowners insurance market is the practice by some public adjusters to also serve as a disinterested appraiser in a property damage claims dispute. We reported last year on an appeals case that created confusion and a request that the Florida Supreme Court review and …
NCOIL Explores Surfside Condo Collapse
Condo next door sued
The Surfside condo tower collapse was the subject of discussion at the recent National Council of Insurance Legislators (NCOIL) conference I attended. The question: how big an impact will it have on property insurance underwriting and building inspection standards going forward? Meanwhile, a lawsuit has been filed against the high-rise condo …
New Plan, Reservoir for Lake Okeechobee
While Governor pushes $1.5 billion environment plan
The U.S. Army Corps of Engineers with the state of Florida has totally completed the first of 68 projects in the Comprehensive Everglades Restoration Plan (CERP) with the opening of a new reservoir a week ago in Martin County. The reservoir sits between Lake Okeechobee and the St. …
Florida’s Medical Marijuana Boom
Number of dispensaries to grow
Another state program that is growing by leaps and bounds is Florida’s medical marijuana program, created by the 2016 constitutional amendment that legalized medical marijuana use. More than 620,000 Floridians today are qualified for prescriptions and that number is expected to grow to more than 900,000 within the next two …
Underestimating Your Conversation
If you’ve any doubt that a good conversation goes a long way with family, friends, or colleagues, a collection of new studies out of the University of Pennsylvania and Harvard University suggests that people think about their conversation partners long after the conversation has ended. They remember their stories, revisit their advice, and replay their …