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Florida’s aquaculture industry suffers $34.1 million setback following Hurricane Idalia

Florida’s aquaculture industry suffers $34.1 million setback following Hurricane Idalia

by Caden DeLisa | Sep 26, 2023

Hurricane Idalia caused economic damages of $34.1 million in Florida’s aquaculture industry, with Aquaculture Certificate of Registration holders reporting $29.4 million in damages and shellfish processors accounting for $401,520 in losses. Adjusted figures,...
Florida railways, universities, and agencies receive $57.6 million in transportation funding

Florida railways, universities, and agencies receive $57.6 million in transportation funding

by Caden DeLisa | Sep 25, 2023

Five organizations in Florida collectively received up to $57.6 million in funding from the U.S. Department of Transportation on Monday to support projects focused on improving safety, infrastructure, and workforce development.  Florida Gulf and Atlantic Railroad...
Rising Florida property values raise big questions about insurance for homeowners, landlords and renters

Rising Florida property values raise big questions about insurance for homeowners, landlords and renters

by Brian Burgess | Sep 23, 2023

While inflation is forcing families across the country to grapple with higher grocery bills and other increased costs, one of the spinoffs is how the effects of inflation are creeping into other places too. In Florida, where the property insurance market was already...
Florida lawmakers continue battle over affordable flood insurance

Florida lawmakers continue battle over affordable flood insurance

by Caden DeLisa | Sep 22, 2023

Florida Senator Rick Scott and Representative Anna Paulina Luna have introduced legislation aimed at addressing the issue of flood insurance affordability in Florida. The proposed measures would require FEMA to offer monthly payment options for flood insurance...
Idalia claims still coming in, but won’t trigger Citizens assessment

Idalia claims still coming in, but won’t trigger Citizens assessment

by Brian Burgess | Sep 21, 2023

Photo credit: U.S. Army National Guard Spc. Ana-Grace Catoe Estimated insured losses from Hurricane Idalia have reached $188 million, offering some relief to insurers and policyholders in Florida. The hurricane has resulted in a total of 20,151 claims, with 13,864...
Median home prices in Florida continue to surge, surpassing previous year’s figure

Median home prices in Florida continue to surge, surpassing previous year’s figure

by Caden DeLisa | Sep 21, 2023

Florida’s real estate market in August experienced a year-over-year increase in median sales prices for single-family existing homes and condo-townhouses. The median sales price for single-family homes rose to $415,000, a 2 percent increase compared to the...
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