May 2012

As predicted for FEMA and the Federal Flood program, more delays from our Legislators in Washington D.C.!!!!  Please read the full story below brought to us by our Friends at First State Insurance and see how this will affect all of us in Fort lauderdale and all of Florida. Please call L & S Insurance for all of your Home, Auto, Flood, Business & Commercial, and Life Insurance as well.


Here are all the updates for the Jacksonville landfall of the first storm to hit Florida in years and Jacksonville in about 100 years. The best part is that Hurricane season has not even started and we have had 2 named storms and  a funnel(Tornado) already. With winds at 70MPH and lot’s of rain Jacksonville also has 20K without power. Welcome to our world Jacksonville and we wish you all well. PLease read about the storm and it’s track below. Please call L & S Insurance at 1-888-244-7400 for Home, Auto, Flood, Business & Commercial and even Life Insurance quotes.


It does seem like theyWashington Legislators) want to act on the FEMA bill, but more than likely we will see another 60 day extension and then maybe we will have a 5 year bill which was already passed in the House of Representatives and only needs the Senate to vote on it. Let’s hope Washington will not negatively affect Home sales in Fort Lauderdale and all of Florida. Please read the full article below and call L & S Insurance at 1-888-244-7400 for a quote on Home, Auto,Flood, Business & Commercial and even life Insurance.



This summer will be a battle w/ lot’s of new current info coming by July. Once it has all been reviewed the 56% rate hike can be substantaited or not. Critics are  trying to stop the increase, but the State of Florida does not want and cannot afford all of the issues of a Hurricane if they do not have enough money. Hurricane season is just around the corner and another big season is expected so the situation in Florida is still likely to get worse. Please read the full article and remember to call L & S Insurance(1-888-244-7400) in Fort lauderdale for all of your Insurance quotes for Home, Auto, Business & Commercial, Flood and even Life.

Althogh this should have occured this year, the Citizens board will be likely to approve this new directive from Governor Rick Scott to raise the cap to 25% for 1/1/2013. This could raise another 100 Million per year in revenue to Citizens and help reduce the billions in debt it will have at the next Hurricane.Senator Faano has been a Consumer advocate in this matter and although I do not agree w/ him on many things, he is correct that the entire system is in shambles and needs a total overhaul. In my opinion, we need to begin w/ every carrier that writes car Insurance here in Florida and chooses to not write Home Insurance like State Farm, AllState, Geico, Progressive, Mercury, Traveler’s, Nationwide. If they do not write Home Insurance, then they should not be alowed to write the Auto. Please enjoy the article below sent to us by our friends at First State Insurance. Please call L & S Insurance for all of your home, Auto, Flood, Business & Commercial, and even life Insurance quotes at 1-888-244-7400.

Legislators are not what they used to be and once again they cannot resolve any problem even Flood Insurance through FEMA. In stead of a 5 year plan or even a 2 year plan we are now trying for 30 days at best. Legislaotors in Washington are are stubborn even w/ this bill and taking party lines. Best of luck to all of us and if you need a quote for Home, Auto, Flood, Business &  Commecrcial, or even Life Insurance, please call 1-888-244-7400.


thanks and please enjoy the article below.

The Sun Sentinal’s Paul Owers and Julie Patel tell us what to expect next year from Citizens Insurance. Higher rates will soon be coming, the 10% cao should change to 25%, and the other carriers will be able to maintain the higher prices they now have. The only differance wil be that Citizens will not be the cheapest carrier in Florida any more. Of course there are exceptions and we expect 700K or more will still stay in Citizens Insurance as they will still not be able to find a market. It looks like the Insurance industry loves Governor Rick Scott and only the consumer’s paying these extreme rate hikes are doing the complaining. The Real Estate Industry is very affected by this and change will have to come soon, but that may take a new Governor. Owning a home in Florida now cost more for home Insurance than the Real Estate taxes they pay??? Please enjoy the article that was sent to us by our friends at First State Insuance and please call L & S  at 1-888-244-7400 to ask for a  quote on your Home, Auto, Flood, Business & Commercial and even Life Insurance policies. Hurricane season is close so be ready and shop your Insurance now!!,0,5931710.story

This is designed to help w/ the shortfall if a Major hurricane hits, but we do not know who will buy the bonds, but they are now available for sale.  We are all in untested waters and until the next hurriance hits Fort lauderdale or any major area in Florida, we will jnot know what will really be covered when Citizens is the Insurance agency. For all those who can get out of citizens call your agent or call us at L & S and do it quickly. Please enjoy the article below, but call L & S at 888-244-7400 for all of your Insurance quotes including Home, Auto, Flood, Business & Commercial, and even Life Insurance as well.

The Federal deficit is 18 Billion and they must make up money so people in Higher risk Flood zones could seee as much as 20% increases. That new rate is only about $100 or more per year, which is nothing compared to the increases we have seen from the Home Insurance rates here in Fort Laderdale and all of Florida. Flood Insurance is a Federal Program through FEMA  so it has more ways to bring in the revenue and it will start when this bill passes later this month for a 5 year deal we all hope. Please read this article in the Fort Lauderdale sun Sentinal and it was sent t us by our friends at First State Insurance. Please call L & S at 1-888-244-7400 and ask for a quote  for Home, Auto, Flood, Busines & Commercial, and even LIfe Insurance as well.,0,5377514.story