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...
by Caden DeLisa | Aug 8, 2024
Sen. Rick Scott introduced the Homeowners Premium Tax Reduction Act to allow an annual tax deduction of up to $10,000 for homeowners insurance premiums, aiming to reduce the financial strain on homeowners amid continually rising insurance costs. Sen. Rick Scott...
by Caden DeLisa | Aug 2, 2024
S&P Global Ratings upgraded the University of Florida’s debt outlook from stable to positive due to its market position and financial surpluses, while affirming various long-term ratings on its revenue bonds. S&P Global Ratings upgraded its outlook on the...
by Caden DeLisa | Aug 1, 2024
Lawmakers and the public criticized Citizens Property Insurance Corporation’s proposed rate increases during a public hearing, highlighting the disproportionate impact on Monroe County residents who lack alternative insurance options. Lawmakers and members of...
by The Center Square | Jul 18, 2024
Analysts from the Florida Office of Economic and Demographic Research report that the U.S. economy is transitioning from above-trend to below-trend growth due to monetary tightening, stricter lending standards, and decreased equity values. Analysts from the Florida...
by Caden DeLisa | Jul 15, 2024
House Speaker Paul Renner’s PAC, Conservatives for Principled Leadership, donated $1 million to the Florida Voters Against Extremism PAC to oppose a constitutional amendment initiative that would enshrine abortion rights in the Florida Constitution. Conservatives for...