Thursday's Afternoon Update
What you need to know about Florida today
Gov. Scott says he'll fight for PIP law
Gov. Rick Scott said he will "continue to fight" for the state's new Personal Injury Protection law in light of a judge's temporarily banning its enforcement. Scott says changes to PIP have resulted in more than 70 percent of insurance rates approved by the Office of Insurance Regulation either decreasing or holding steady. More at the AP.
State to appeal Florida/Cuba contracts ruling
Lawyers for the state will make their case Thursday in a federal court in Miami as they appeal a court ruling which struck down a 2012 law which dealt with companies who do business with Cuba. Under the law, local governments were barred from doing business with companies that have contracts with Cuba or Syria. More at the AP.
Movies mean big business for Florida, new study shows
A study released today on the economic impact of The Florida Film and Entertainment Industry Financial Incentive Program found a return on investment (ROI) of 4.7, with estimated state and local tax revenues in Florida last fiscal year totaling $547 million and the present value of the tax credit totaling $117 million. More at Around Osceola.
Business tour spotlights a post-shuttle Brevard
Local economic leaders never get tired of showcasing Embraer jet’s North American headquarters at Melbourne International Airport. They were at it again Wednesday, choosing the site to open a four-day tour of Brevard County’s economic jewels for international journalists and site-selection executives. More at Florida Today.
FAU gets grant to teach personal finance
Florida Atlantic University will be instructing teachers how to pass on good financial management: The College of Business received $5,000 from State Farm to provide financial literacy programming to local educators, FAU has announced. More at the South Florida Sun-Sentinel.
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