by Caden DeLisa | Nov 20, 2023
HCI Group, through its subsidiary Homeowners Choice Property & Casualty Insurance Company, is slated on Tuesday to assume approximately 54,000 policies from Citizens Property Insurance Corporation, accumulating $196 million in premiums. The transfer, approved by...
by Caden DeLisa | Nov 20, 2023
Florida is experiencing a significant drop in gas prices as it enters one of its busiest Thanksgiving travel weeks, with the average price per gallon at $3.04, the lowest since late December 2022. AAA reports that more than half of the gas stations in Florida are...
by Caden DeLisa | Nov 20, 2023
Publix announced on Friday that its CEO Todd Jones is transitioning to the role of Executive Chairman at the year’s end, and Kevin Murphy, the current President, is set to take over as CEO. John Goff, the Senior Vice President, will ascend to the position of...
by Caden DeLisa | Nov 17, 2023
Credit agency AM Best placed Florida Farm Bureau Group’s credit ratings under review with negative implications, affecting its Financial Strength Rating of B++ and Long-Term Issuer Credit Ratings of “bbb+.” The review was largely attributed to...
by Caden DeLisa | Nov 17, 2023
Republican lawmakers Rep. Karen Gonzalez Pittman and Sen. Gayle Harrell are proposing legislation to exempt Medicaid beneficiaries with serious mental illnesses from step therapy, allowing them to access more direct treatments if medically necessary. The bills largely...
by Caden DeLisa | Nov 16, 2023
South Florida, including Miami-Dade and Broward counties, faced severe weather with high winds and flash floods, leading to school closures, power outages, and significant rainfall — up to 9 inches in Miami-Dade and 8 inches in Broward. Fort Lauderdale’s...
