LMA NEWSLETTER November 3, 2025

Another Close Call

Hurricane season has been eerily quiet for us here in Florida, even as a non-tropical system dumped rain amounts this past week onto Central Florida that the National Weather Service described as similar to a hurricane.  

Another potentially disastrous Category 5 storm, Hurricane Melissa, made landfall down in the Caribbean last week but didn’t reach …

A Billion Dollars in Auto Premiums Returning to Floridians

Legislative reforms credited, further rate cuts continuing

The Governor and insurance commissioner announce nearly $1 billion in auto insurance premium credits and rebates to Florida consumers “that would have been going to attorneys’ wallets” as even more auto rate cuts are filed; a new report shows the impact that Florida tort reform has had on …

Contractor Tactics Post AOB Reform: No-Price Contracts, Liens, and Foreclosure Threats

By William B. Collum, Esq.

Prior to the elimination of assignment of benefits (AOB) contracts in property claims, contractors used no-price AOB contracts.  When the insurer refused to pay the inflated estimate, the contractor would sue the insurer.  Under Florida’s now-repealed attorneys’ fee statute, the attorneys’ fees demand would dwarf the amount of the inflated …

Florida Hurricane Catastrophe Fund Proposes Updated Rule & Forms

Plus, the Cat Fund’s 2026 reinsurance plan

An updated rule was recently proposed impacting Florida property insurance companies, along with an update on plans by the Florida Hurricane Catastrophe Fund (Cat Fund) to pay for next year’s hurricane season.

The Cat Fund recently held a workshop on its Insurer Reporting Requirements and Responsibilities rule (19-8.029) …

Florida Housing Inventory Declining

New tracker shows housing shortages

Florida’s housing supply is finally easing after years of growth, an interactive tracking map is providing a better understanding of the housing shortage in areas of Florida, and the world’s largest retirement community is doing its part by announcing development of more than 2,800 new homes.  It’s all in this …

Hero Dog Saves Grandma

By now we all know that dogs are man’s best friend, but it turns out they’re good pals with grandma, too.  Last month in Destin, Florida, family dog Eeyore was out on a walk with his 86-year-old grandma owner late at night and the pair didn’t return for more than an hour.  When her worried …