Free Money, FL’s Rocky Past

Florida Insurance Monopoly Man

 





“Too rich for my blood!”

-John D. Rockefeller, circa 1918, reacting to the Hotel Ormond raising his rent (scroll to the “F5” for the story)
 

In this edition: free money, special session, upcoming Webinars, FL’s Rocky past

I hope this newsletter finds you well and that you’re seeing some light at the end of the food-coma-induced tunnel vision. As for yours truly, we continued our annual family tradition of convening for turkey day in Ormond Beach where I was reminded of the rich (hint, hint) history of the city’s most famous resident. For the rest of the story, scroll down to the “F5”.   

Free money (better late than never!) Announced in May during that month’s special legislative session, the My Safe Florida Home Program is now live! If you haven’t already done so, review this information with your insureds and encourage them to apply asap as funding is limited.

Guess who’s back? The legislature will convene on December 12th for a special session regarding you-know-who (it’s Ian/Nicole), you-know-what (it’s property insurance), and you-know-me (always answering my own questions). We’ll keep our ears open for developments and share information in future newsletter editions.

Bulk up! Bulk-purchasing hours from the FISCE is an essential step in your 2023 planning. Deals are available for teams with 25 or more licensees.

Pouring from our tap this week: We finish NOV and begin DEC with useful discussions on agribusiness insureds, commercial property issues, Law/Ethics for P&C licensees, flood insurance, and personal lines secrets. I could go on but your attention span has been coasting on fumes since you read the words “free money” above so I’ll get to it. Here are the highlights:

 

  • Get and keep agribusiness insureds. Instructor Sam “dad jokes ain’t bad jokes” Bennett returns Tuesday morning to share his experience with all-things-agribusiness and how to plant profitable seeds in this growing market.
  • My stuff’s broke and now so am I. Join instructor “Rockin” Robin Federici Tuesday afternoon for the latest on commercial property insurance coverage from both sides of the claim (direct and indirect damage.)
  • Law. Ethics. Meat. P&C licensees: if you’re in need of the 4-Hour Law & Ethics Update course join David “hero of Vero” Thompson Wednesday morning and he’ll spice it up for you.
  • Fast facts about flood. David returns Wednesday afternoon for an awesome hour on all the latest regarding flood insurance.
  • Your insured is *lying! (*maybe “lying” is a stretch but it’s a strong headline so here we are.) Instructor Scott “guy-o from Ohio” Treen is back in the hotseat Thursday morning for tons of tips on dealing with common personal lines coverage issues that your insureds don’t realize are issues.


For more info about what we’re up to, see the list below and/or review the full Webinar Schedule online.

Finally, if you’re an unapologetic lover of our fine state take your entourage to the bottom of this newsletter for this week’s “F5” (Fascinating Factoid For Fanatical Floridians.)

That’s all for now. Until the next round…cheers!

Kevin “Meat First, Law = Distant Second” Amrhein, CIC, CBIA

Florida Insurance School Continuing Education (FISCE)
 

Facebook  Linkedin  Youtube  

 

THE “F5” (FASCINATING FACTOID FOR FANATICAL FLORIDIANS) –

John D. Rockefeller: a name synonymous with unfathomable wealth. When adjusted for today, his fat stacks dwarf those of modern gazillionaires like Bezos and Buffett. While his legacy is prominently displayed in places you would expect (think NYC), folks outside of Volusia County, FL may not know that history’s most famous magnate spent a significant portion of his later years in Ormond Beach.

His residence, called The Casements, still stands and is open to the public. The home is beautiful but visitors will be surprised at its relatively small size and modesty considering its former owner. Legend says he chose to make his home across the street from the grandiose Hotel Ormond (owned by his associate Henry Flagler and razed 1992) in which he resided because the hotel had the audacity to raise his rent.    

He chose Ormond Beach as his winter home primarily for two reasons. First, because the aforementioned hotel had become a destination for the fabulously rich and powerful, many of whom owed their success to JDR. The other noted reason is that he thought sea air and daily golf would help him live to be 100, a goal he would fall just shy of, passing away at his Ormond Beach residence on May 23rd, 1937 at age 97.