Florida Chamber Launches New Ads Urging Senators to Put the Brakes on Higher Auto Insurance Rates

TALLAHASSEE, FL (February 26, 2018) – The Florida Chamber of Commerce today launched new multi-media ads urging senators to put the brakes on higher auto insurance rates. Caution Alert! highlights an effort to pass a new law that would require Florida drivers to pay more for auto insurance.

“If you think this legislation is good for you as a consumer, ask yourself one question: ‘Why is it billboard trial lawyers’ number one must-pass bill?’” said David Hart, Executive Vice President of the Florida Chamber of Commerce.

Florida has been named the worst “Judicial Hellhole” in the country by the American Tort Reform Association, and Florida’s legal climate is in the bottom five worst nationwide by the Institute for Legal Reform. Moreover, 70 percent of Florida voters believe trial lawyers are more interested in lining their own pockets instead of their clients’ best interest, according to the Florida Chamber’s latest statewide political poll.

Instead of raising rates, the ad encourages Florida drivers to contact their Senators and encourage them to keep coverage affordable.

Caution Alert! targets a legislative move to end the requirement that Florida drivers obtain no-fault personal injury protection (PIP) coverage. SB 150 would eliminate cost containment measures and result in consumers paying more for a new, mandatory set of coverages that escalate over time. Further, it doesn’t address lawsuit abuses that are infusing added costs into the system – at motorists’ expense.

“The Florida Chamber supports reforms that reduce fraud while also protecting drivers from higher auto coverage rates. SB 150 does neither,” Hart added.

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The Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.

Florida’s 2004-05 Hurricane Seasons Caused More Than $70 Billion in Damage?

When Hurricane Sandy struck the Mid-Atlantic region three years ago, the estimated loss in business activity totaled $19.9 billion. Imagine the effect on Florida’s economy if even a small percentage of Florida’s 2 million businesses were disrupted by a hurricane or superstorm.

With hurricane season underway, it is essential that Florida businesses have disaster preparedness and business continuation plans in place to avoid losses in productivity and ensure employee safety. Business interruptions like power failures, IT system crashes, loss of communications and supply chain problems can be devastating to companies without the right contingencies in place.

There are many resources available to help companies prepare for emergencies. The Florida SBDC Network assists small businesses with developing business continuity, emergency preparedness and disaster recovery plans to minimize losses and increase survivability. Florida’s 11 regional planning councils partner with the Florida Division of Emergency Management to provide hurricane evacuation plans and operational procedures to respond to weather threats.

“Disaster preparedness can make the difference between keeping the doors open and shutting down for an undetermined period of time,” said Carolyn Bermudez, Vice President of Operations and General Manager of Florida City Gas. “It’s crucial that business owners take advantage of Florida’s resources to prepare their organization, employees and suppliers for emergency situations.”

2 out of 3 Jobs in Florida Come from Small Business

What do Publix Supermarkets, AutoNation and Darden Restaurants have in common? They’re all Fortune 500 companies that started as Florida small businesses.

As we celebrate National Small Business Week, we cannot deny the impact that small businesses have to Florida’s economy. According to the U.S. Census Bureau, 99 percent of Florida companies are small businesses. Since the end of the recession, small businesses are responsible for the majority of job growth and are the state’s largest participants in international trade, producing 65 percent of Florida-origin exports. Yet small businesses are often hindered by lack of capital financing, rising healthcare costs and workforce challenges.

“Small businesses are the foundation of our communities,” said Michael Myhre, CEO and State Director of the Florida SBDC Network. “Small businesses help create new markets, transform communities, and stimulate economic growth. National Small Business Week is a great opportunity to acknowledge and celebrate their impact and the valuable employment opportunities that they provide for Floridians.”

But to continue leading as a small business state, Florida must continue to support funding, training and development for Florida’s small businesses. To help in this arena, the Florida Chamber’s Small Business Council works directly with state and national leaders to pass important small business legislation such as the elimination of the manufacturing sales tax in Florida and reducing sales tax on business rentals.

Additional resources for small businesses include access to consulting and training and export counseling services through the Florida SBDC Network; grant funding from the Small Business Administration (SBA); capital programs administered by Enterprise Florida, Inc. (EFI) and workforce assistance through CareerSource Florida.

Share Your Story:

What does your business need to succeed? Email jparrish@flfoundation.org and share your story. If you would like to provide feedback in the Florida Chamber’s Small Business Index Survey, click here.

Get Involved:

If you would like to be part of the Florida Chamber Small Business Council’s unified voice in the mission to secure Florida’s future, sign up today.

About the Florida Scorecard:

The Florida Scorecard, located at www.TheFloridaScorecard.com, presents metrics across Florida’s economy. Each month, the Florida Chamber Foundation produces a Scorecard Stat that takes an in-depth look at one aspect of Florida’s economy. If you would like additional information on the Weekly Scorecard Stat or on the Florida Scorecard, please contact Dr. Jerry Parrish with the Florida Chamber Foundation at 850.521.1283.