by News Service of Florida | Sep 6, 2024
After signing off last week on proposals that would allow private insurers to take as many as 220,035 policies from Citizens Property Insurance Corp., Florida regulators have approved up to 15,000 additional policies leaving the state’s insurer of last resort. The...
by Caden DeLisa | Sep 3, 2024
Florida’s consumer sentiment reached a three-year high in August, driven by increased optimism about personal finances and the national economy. Florida’s consumer sentiment reached a three-year peak in August, climbing to 76.4 points, according to the...
by Caden DeLisa | Aug 22, 2024
Homeowners association fees in Florida have surged over the past year, driven by rising insurance costs and new safety regulations, leading to financial pressures on condo owners and declining condo market prices. Homeowners association (HOA) fees in Florida have...
by Caden DeLisa | Aug 13, 2024
Florida’s small businesses continue to struggle with inflation and labor shortages, despite a slight increase in optimism, as ongoing cost pressures and declining sales challenge operations. Florida’s small businesses continue to grapple with persistent...
by The Center Square | Aug 12, 2024
The Washington, D.C.-based Tax Foundation ranked Florida as the 24th highest combined state/local sales tax rate at 7 percent. The state sales tax is 6 percent and the average county levy is 1.02 percent. Groceries and prescription medicines are exempt from sales tax....
by News Service of Florida | Aug 9, 2024
Hurricane Debby is expected to result in insured losses of $1 billion to $2 billion, mainly from wind and flood damage, but many inland homeowners without flood insurance could face significant out-of-pocket costs. Hurricane Debby is expected to be a “very...
