April 24, 2024

Friday's Daily Pulse

What you need to know about Florida today.

› Fla. justices rule on hurricane insurance issues
Customers cannot sue insurance companies for violating a law that requires hurricane policies to include warnings of large deductibles in oversize, boldface type and capital letters, but even if they could there's no penalty, the Florida Supreme Court ruled Thursday.

› NFL player gives back to South Miami neighborhood
Pro football player Kennard Devane Cox, who grew up in South Miami, has a foundation created to help children.

› Healthcare hidden agenda: cost control
Critics of the Affordable Care Act have focused on the “individual mandate” to buy health coverage. But industry leaders say the most far-reaching and incendiary part of the health law could be its shift in the way Americans pay for health care. Rewarding value — good outcomes, cost-effective practices — is likely to have the most potential long-term impact, say experts meeting in Orlando this week.

› CEO of Rothstein-tainted bank is out
Gibraltar Private Bank & Trust has replaced its founder, Steven D. Hayworth, formerly chairman and chief executive, with Adolfo Henriques, who previously served as vice chairman, president, and chief operating officer. It is not clear whether Hayworth’s departure is related to the bank’s involvement with convicted Ponzi schemer Scott Rothstein.

Florida Business News

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Florida Trend Video Pick

Florida shoe cobbler mends more than soles
Florida shoe cobbler mends more than soles

Jim McFarland, a fourth-generation shoe cobbler in Lakeland, Florida, never anticipated his trade mending shoes would lead to millions of views on social media. People are captivated by his careful craftsmanship: removing, then stitching and gluing soles on leather footwear.

Video Picks | Viewpoints@FloridaTrend

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