Many of you have spent time in areas devastated by Hurricane Ian. The stories you have shared are both heartbreaking and inspirational. The heartbreaking ones typically deal with, besides the resident’s physical loss, commentary from homeowners who said “they kept banging on my front door until I finally answered” or “I didn’t know what to …
LMA NEWSLETTER October 24, 2022
Special Session Ahead
Property insurance reform likely
The problems created by Hurricane Ian have prompted Governor DeSantis to call a special session of the Florida Legislature for December to provide property tax relief to victims and address our ongoing property insurance issues. CFO Patronis announced a series of measures he’d like to see the legislature tackle, including cracking …
Hurricane Ian Fraud
Arrests & warnings
The past two weeks have certainly provided overwhelming proof of the need for stronger insurance consumer protection reforms. Local and state authorities have been looking for unlicensed contractors, as well as public adjusters and roofing contractors not following the law or initiating cons when soliciting vulnerable homeowners in Ian’s hard-hit areas.
The …
Hurricane Ian Latest
Help for policyholders
Governor DeSantis announced over the weekend that the Florida Housing Finance Corporation is providing $5 million to local housing partners to help homeowners impacted by Hurricane Ian pay their insurance deductibles. The help is available to qualified homeowners in Charlotte, Collier, DeSoto, Hardee, Lee, and Sarasota counties. The confirmed death toll from …
Strengthening the Grid
Utilities outline costs
The Florida Public Service Commission will meet again this week to finalize the storm protection plans of the state’s utilities and the associated costs to be passed along to consumers. The plans include putting more power lines underground to protect against future storm outages. Florida Power & Light (FP&L), Duke Energy Florida, …
Fines Up Against State Medicaid Managed Care Plans
Largest provider saw record penalty
Our newsletter tends to focus on property insurance but this was a story of note that we ran across recently about Florida’s $28.3 billion Medicaid program. The state Agency for Healthcare Administration (AHCA) has assessed $23.1 million in damages and sanctions against Medicaid managed care plans for violating terms of …
Revising Florida’s State Constitution
Flood resilience and taxes on the ballot
Our next election on November 8 includes three proposed amendments to the state constitution, including those that touch on flood mitigation and property taxes. All three were placed on the ballot by the Florida Legislature. As we have in past newsletters, let’s take a look at what’s on …
Vintage Chic
I read a story in Patch about the American Pickers TV show coming to Florida at the end of this year. I am a vintage zealot, loving silver, china, glassware and all the lovely things from 50+ years ago. There is a certain respect I have for monogrammed napkins and Lenox china because I know …