October 31, 2014

Friday's Afternoon Update

What you need to know about Florida today

| 10/11/2013

Florida weighs private flood insurance options

With thousands of Florida homeowners facing significant increases in their federal flood insurance premiums, state lawmakers are considering ways to open up the market to private insurers. Industry experts, however, say there are considerable barriers to creating a private market without granting insurers regulatory latitude to develop rates and policy forms. [Source: Insurance Journal]


IN CASE YOU MISSED IT
Hooray for Bollywood: Indian filmmakers coming to Tampa

bollywood

Next summer, some 30,000 stars, producers, directors and writers of Indian filmmaking, plus fans from around the world, will travel for the industry’s annual awards ceremony weekend — to Tampa, the first U.S. city to host the event and only the second in North America.

» Read more

Commentary: A primer on Florida’s budget

Florida, like most states, is required to pass an annual balanced budget. That means we don’t spend more than we take in. While the governor puts forward a proposed budget prior to the legislative session, it is largely a reflection of his spending priorities and in no way is binding. [Source: Miami Herald]


Two new cruise ships could come to Port Canaveral

Port Canaveral is likely to become home to two new cruise ships, if port commissioners approve plans to build a new cruise terminal, port Chief Executive Officer John Walsh said Thursday. That, he added, could mean a half-billion-dollar annual boost to the local economy. [Source: Florida Today]


» FRIDAY PREVIEW: Coming next week to FloridaTrend.com:

  • Foreign frenzy for Florida residences: Interest from foreigners in Florida residences is spreading to properties throughout the state.
  • Orlando City Soccer Club: Owners of Orlando City Soccer Club have moved closer to their goal of getting an $85-million stadium to attract major league soccer to the city.
  • Aquaculture: Mullet Run: As mullet spawn in the southeast Gulf of Mexico each year from early November through January, the commercial fishing fleet that operates out of the village of Cortez harvests up to 400,000 pounds of mullet roe.
  • International Business: United Arab Emirates: Although about 80% of its land is desert, the United Arab Emirates has emerged as an economic powerhouse in the Middle East.

» You'll find all these stories first on the Daily and Afternoon Pulse e-mails.


Out of the Box
Florida's New Specialty Tags

tags It used to be you could sneeze and get a specialty license plate made in the Sunshine State. No longer. Now, if you want a plate, you've got to get 1,000 preorders before they will start making the metal rectangles. And as of Oct. 1, there are four more options, but only if you start preordering.

» More from the South Florida Sun-Sentinel

Tags: Daily Pulse

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Florida Trend Video Pick

Roberto Muñoz - Banking in Florida
Roberto Muñoz - Banking in Florida

Roberto Muñoz, president of the Florida International Bankers Association (FIBA), talks about FIBA, services the organization provides to the state's banks and issues facing banks today.

Earlier Videos | Viewpoints@FloridaTrend

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Walmart and Amazon are kicking off the holiday shopping season Nov. 1. Your thoughts?

  • It's too soon!
  • This news doesn't surprise me
  • Good for them - l like shopping early

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