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Monday's Daily Pulse
What you need to know about Florida today
Sea-level rise: Threat and opportunity for Florida real estate
Sea-level rise could turn out to be the biggest real estate story in Florida since Ponce de Leon discovered the peninsula in 1513. So, the questions become, when will the sea rise, by how much, and what will it mean for a Florida economy that is built around the waterfront dream? More from the Sarasota Herald-Tribune and the Gainesville Sun.
See also:
» Rising seas could swallow Florida's tax base - Presentation by Richard Jacobs given at the Initiative on Coastal Adaption and Resilience conference.
» Quick poll: How concerned are you about sea level rise and Florida's coastlines?
Workers' comp changes: What can Florida employers do?
Big workers' compensation changes are coming to all Florida employers. These are a result of recent Florida Supreme Court decisions, which led to the approval by the Florida Office of Insurance Regulation to increase the overall statewide workers’ compensation rate by 14.5 percent on Dec. 1. [Source: Sarasota Herald-Tribune]
Gobsmacked by election, Florida Democrats try to refocus
It wasn’t just that Hillary Clinton failed to take Florida, though a victory here wouldn’t have been enough to offset Trump’s remarkable gains across the Rust Belt. Florida Democrats also squandered down-ballot opportunities, missing chances to pick up state legislative districts where voters picked Clinton — and then voted for Republicans. [Source: Miami Herald]
As teachers flee Florida classrooms, thousands of students wait for permanent instructor
Almost three months into the school year, thousands of public school students in South Florida still don't have a permanent teacher —a problem expected to get worse as more educators flee the classroom and the number of those seeking teaching degrees plummets. [Source: South Florida Sun-Sentinel]
High court ruling means no more 'free houses' for Florida homeowners in foreclosure
There will be no "free houses'' for Floridians who have defaulted on their mortgages but continue to live in their homes without paying. In a major opinion, the Florida Supreme Court has ruled that lenders can resume foreclosing at any time, even if they have taken no action in years. The high court's ruling last week came in the case of Lewis Bartram, who defaulted on a $650,000 mortgage on his home in Ponte Vedra Beach. See the landmark ruling, here. Also read more at the Tampa Bay Times.
› UPS to spend $196 million on Jacksonville facility
United Parcel Service announced plans Friday to invest $196 million in its ground package hub in Jacksonville. The expansion will add more than 260,000 square feet to UPS’s existing 560,000-square-foot building.
› South Florida home sellers cutting prices as market slows
More South Florida home sellers are cutting their asking prices — another sign that the housing fireworks of the past have faded and buyers are starting to push back.
› Orlando boom company Jeunesse faces scrutiny over structure
Jeunesse Global, an multi-level marketing company based in the Orlando area, recently opened a new $25 million headquarters in Lake Mary. At the same time, Jeunesse has come under fire from a consumer-watchdog group and in two federal lawsuits, for alleged unethical or illegal tactics.
› Guzman Energy in Coral Gables finds cheap, reliable power for customers
The Coral Gables-based company looks for imbalances in the market, like an underutilized electric generating plant or surplus power supplies, and can sell energy to buyers — mostly municipal energy companies and rural power cooperatives — at lower prices than standard utilities.
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