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Citizens’ reinsurance tab: $482M

Citizens’ reinsurance tab: $482M

Citizens Property Insurance Corp. has secured $3.564 billion in reinsurance coverage at a cost of $482 million to help pay claims during this hurricane season, with the purchase approved for up to $5.5 billion but finalized through negotiations. The state’s Citizens...

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Worrell suspension draws revamped lawsuit

Worrell suspension draws revamped lawsuit

A revised federal lawsuit claims Gov. Ron DeSantis violated voters' due-process and First Amendment rights by suspending State Attorney Monique Worrell. Arguing that Gov. Ron DeSantis’ suspension of Orlando-area State Attorney Monique Worrell “disenfranchised” voters,...

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New nuclear power eyed in Florida

New nuclear power eyed in Florida

State regulators, following a legislative directive included in an energy bill signed by Gov. Ron DeSantis, will study the feasibility of adding advanced nuclear power technologies, with a report due by April 2025. After the issue was tucked into a wide-ranging energy...

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Florida gas prices saw 18 cent jump last week

Florida gas prices saw 18 cent jump last week

Florida gas prices surged by 18 cents per gallon leading up to Independence Day, reaching $3.53 per gallon, driven by concerns over hurricane activity in the Gulf Coast.  Florida gas prices surged by 18 cents per gallon in the final days leading up to Independence...

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