November 2013


As usual, none of our Legislators can agree in Washington D.C. on what to do. All we know here in Florida is that this will truly hurt the Real Estate Market and that will affect our economy like it did in 2006 and 2007. Please read the full article below and be sure to call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial & Life Insurance quotes as well.

http://www.insurancejournal.com/news/national/2013/11/21/311913.htm

with 2 Million Policies, and 1 Billion in Premium and 37% of the total FEMA system, this will be discussed in Tall for sure. All eyes are on the dollars that could be made. about 65% in Florida is Profitable so rates can also be lowered. If the Biggert- Waters Bill is not repealed, this option would be a big one to consider in the Spring Legislative system. Please read the full article below to learn how Fort. Lauderdale, S. Florida and the Tampa area in Pinellas county known as Tarpon Springs are affected. Please call L & S Insurance at 1-888-244-7400 for a class at your office and for quotes on Home, Flood, Auto, Business & Commercial and Life Insurance products as well.

http://www.insurancejournal.com/news/southeast/2013/11/19/311648.htm

A bill was passed last year and within days a lawsuit was filed of course. Now a new course of action could come and make us a Tort state and require everyone to carry Liability Insurance at 25/50 minimum with medical payments and remove PIP coverage as unnecessary coverage. This is what should have been done last year but it fell on deaf ears. To much Lobby money comes in, but PIP fraud is still rampant and in Fort Lauderdale and most of S. Florida the rates are very high because of it. We will keep you informed as this process keeps coming around for another vote in the Spring. Please call L & S Insurance at 1-888-244-7400 for quotes on Home, Auto, Flood, Business & Commercial and Life Insurance products as well. Please enjoy the full article again.

Thx,

http://www.insurancejournal.com/news/southeast/2013/11/06/310548.htm