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Florida’s reinsurance market shows signs of recovery, but prices are higher

Florida’s reinsurance market shows signs of recovery, but prices are higher

by Jim Saunders - News Service of Florida | Jul 11, 2023

Reinsurance market in Florida is improving after two years of financial troubles in the industry. Reinsurance prices have increased during the mid-year renewal period, but capacity is available. Recent measures, including tort reform, have stabilized Florida’s...
Florida seafood hauls are well below historical average, but rebound expected

Florida seafood hauls are well below historical average, but rebound expected

by Andrew Powell - The Center Square | Jul 10, 2023

Florida’s fresh seafood industry is posting significantly reduced hauls across the entire state, from the Atlantic, to the Gulf Coast to the Panhandle. A combination of two factors has contributed to the ongoing pinch: rising diesel fuel costs and hurricane...
DeSantis celebrates graduation of first 100 Florida State Guard members

DeSantis celebrates graduation of first 100 Florida State Guard members

by Brian Burgess | Jul 5, 2023

The Florida State Guard has graduated its first class of 100 troops since its reconstitution in 2022, a move initiated by Gov. Ron DeSantis to bolster the state’s emergency response capabilities. The reintroduction of a state military force has sparked...
FPL rate reduction gets green light, expected to save another $256 million

FPL rate reduction gets green light, expected to save another $256 million

by Brian Burgess | Jun 13, 2023

Ongoing reductions in natural gas pricing has reduced costs for Florida Power & Light electricity generation, which the company is passing along to consumers. The new cuts will total more than a quarter of a million dollars, which follows an even larger rate cut...
State officials highlight importance of hurricane differences, point to new supercomputing aimed at better predictive power

State officials highlight importance of hurricane differences, point to new supercomputing aimed at better predictive power

by Brian Burgess | Jun 8, 2023

Florida officials say a new supercomputer is expected to improve storm predictions by 10-15 percent. Officials also point out that no two storms are alike and understanding key differences will save lives.  At a press conference, the officials urged residents to...
Breakfast bites: DeSantis migrant flight response; Ambassador Crist; Trump in South Florida crosshairs; Polston out at Citizens

Breakfast bites: DeSantis migrant flight response; Ambassador Crist; Trump in South Florida crosshairs; Polston out at Citizens

by Brian Burgess | Jun 8, 2023

Some tasty news nuggets to start your day… DeSantis speaks out on migrant relocation flights Florida Governor Ron DeSantis has called for states to take a more aggressive approach to immigration enforcement, while facing criticism for directing flights of...
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