Wednesday's Daily Pulse
What you need to know about Florida today
Why Florida insurers could double homeowners' rates
Florida has seen its share of calamities, but an "epidemic of insurance claims" could shove the Sunshine State down a financial sinkhole even before the next hurricane hits. Lawyers and "restoration companies" have teamed up to create a superstorm of lawsuits forcing Florida's home and auto insurers to either raise rates -- or leave the state. [Source: CBS News]
» Security First report titled, "Troubled Water: An analysis of water damage claims and the impact on homeowner’s insurance premiums in Florida"
FBI agents went undercover in Florida's capital for the 'biggest investigation in years'
Whispers of corruption are commonplace in Tallahassee. Teeming with lobbyists, professors and political sophisticates, local officials can barely keep an arms-length from those who seek to influence them. Now, political gadflies are bracing for indictments to come as sure as August afternoon thunderstorms. [Source: USA Today]
Companies in Florida, Australia team up to service Australian military aircraft
U.S. and Australian defense contractors have signed a comprehensive teaming agreement for the sales of products and services in Australia. The companies are Florida-headquartered Associated Aircraft Manufacturing and Sales Inc. and Milspec Services Pty Ltd. of Queensland, Australia. See the statement from AAMI, here. Also read more at UPI.
Florida PSC looks at paying for nuclear projects today
The Florida Public Service Commission is holding its annual hearing to discuss whether — and how much — Floridians will pay for its utilities' nuclear power projects. [Source: Tampa Bay Times]
Trade groups call on U.S. to investigate CSX rail disruptions
Dozens of U.S. trade groups have asked federal rail regulators to investigate Jacksonville-based CSX Corp's "chronic service failures," saying problems at No. 3 U.S. railroad have rippled across the North American rail network. [Source: Reuters]
› Florida cities place first, second and third in 'Best Cities To Retire' study
With retirement confidence declining in 2017 and nearly four in 10 American workers having little or no money saved for their golden years, WalletHub conducted an in-depth analysis of 2017’s Best & Worst Places to Retire. Below are the Top 5, and the Bottom 5 cities. See the full report here.
|Best Cities to Retire||Worst Cities to Retire|
|1||Orlando, FL||146||Detroit, MI|
|2||Tampa, FL||147||Worcester, MA|
|3||Miami, FL||148||San Bernardino, CA|
|4||Scottsdale, AZ||149||Providence, RI|
|5||Atlanta, GA||150||Newark, NJ|
› Opinion: Miami International Airport in the forefront of cargo industry revival
After several years of global stagnation, the air cargo industry is experiencing a revival — and Miami International Airport (MIA) is at the forefront of that resurgence.
› Panhandle beekeepers offering classes to help manage hives
As the beekeeping industry grows in Florida, it’s important for beekeepers to learn the science-based best management practices for maintaining their hives.
› KKK groups are growing in Florida, even as they rise and fall across the U.S.
For many people, hate groups are more an abstract concept than a real, physical threat. But they’re growing – both in the U.S. and Florida specifically – and the Charlottesville, Virginia attack that killed one woman and injured several people shows their destructive capabilities.
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