by News Service of Florida | Jun 25, 2024
Florida’s upcoming “Freedom Month” in July will exempt a wide range of recreational items and activities from sales tax as part of a legislative effort to encourage outdoor activities and boost consumer spending. Retailers hope outdoor enthusiasts...
by News Service of Florida | Jun 19, 2024
A Leon County circuit judge heard arguments on Tuesday regarding whether Florida State University’s lawsuit against the Atlantic Coast Conference over more than $500 million in penalties should proceed in Florida, focusing on jurisdictional issues and media...
by Caden DeLisa | Jun 19, 2024
Citizens Property Insurance Corp., Florida’s state-backed insurer, proposed an average rate increase of 13.5 percent to ensure actuarial soundness and financial stability, influenced by legislative reforms and cost adjustments. Citizens Property Insurance Corp.,...
by Caden DeLisa | Jun 19, 2024
Citizens Property Insurance Corp. expects to exceed its 2024 depopulation goals, reducing its policy count below one million and transferring over 400,000 policies to private insurers. Citizens Property Insurance Corp. is set to exceed its initial depopulation...
by Caden DeLisa | Jun 12, 2024
The Tampa-St. Petersburg-Clearwater area is showing resilience to inflation, ranking last among major U.S. metropolitan areas for inflation impact, with a slight CPI decrease over the past two months and a diverse economy cushioning inflation’s effects. The...
by News Service of Florida | Jun 5, 2024
The U.S. Senate Budget Committee, led by Chairman Sheldon Whitehouse, will hold a hearing on Wednesday to examine the impact of climate change on insurance markets, specifically focusing on Florida’s Citizens Property Insurance Corp., which has faced scrutiny over its...
