March 18, 2024

Tuesday's Daily Pulse

What you need to know about Florida today

| 9/19/2017

Losses for Irma already up to nearly $2 billion in Florida

Hurricane Irma is already being blamed for nearly $2 billion in insured losses in Florida and the amount is expected to keep rising. The Florida Office of Insurance Regulation on Monday released preliminary claims data that shows that more than 335,000 claims have already filed since the storm ripped across the state. More from the AP and the Tampa Bay Times.

See also:
» The stunning price tags for Hurricanes Harvey and Irma, explained
» Irma's death toll in Florida is at 34. It will go up.
» A week after hurricane, many in Florida still lack power
» Parents in 48 Florida counties don’t have to worry about lunch money for a month
» Irma challenges Florida grocery pipeline
Your turn:
» Lessons learned - What would you do differently if another hurricane hit Florida soon? (quick poll)

Florida Trend Exclusive
Rural Florida's players and their projects

Cowboys on Deseret Ranch

Deseret ranch encompasses approximately 295,000 acres in Osceola, Orange and Brevard counties — roughly four times the land area of the city of Orlando. One of the largest calf-cow operations in the United States, Deseret maintains a herd of around 45,000 calf-producing beef cattle. But many plans are in the works. Learn who was behind the creation of the massive ranch, and what their plans are today. Full story from Florida Trend, here.  This is part two of a three-part series on rural Florida.

Coming tomorrow: » Tavistock's role in developing rural Florida. Plus, other major developers and challenges they face with environmental regulations and colliding bureaucracies.

Should Florida's power lines go underground?

Theodore J. Kury, Director of Energy Studies at the University of Florida, observes that installing power lines underground to prevent outages during hurricanes may not be the magic bullet many are seeking. There is great economic value in undergrounding, but on the flipside, costs to build underground can be astronomical. Full story from UF News, here.

Florida has the country's second-best business climate behind its arch-nemesis

Florida ranks as having the second-best business climate in the country, still nipping at the heels of perennial No. 1 Texas. Conducted by Development Counsellors International (DCI) every three years, the survey has tracked economic development trends since its inception in 1996. [Source: Tampa Bay Times]

How China is creating its answer to Florida’s Orlando on an island near Macau

Dubbed by some as China’s answer to Florida’s Orlando – a global tourist magnet with its cluster of major theme parks – Hengqin has seen property prices more than double over the past two years. [Source: Reuters]

ALSO AROUND FLORIDA:

› Jacksonville’s One Spark festival has been postponed, again, now set for April
On the brink of what was promised as a revival of Jacksonville’s One Spark entrepreneurial festival, the Oct. 5-7 event has been canceled. Organizers said Monday that they will reschedule the event for April 6-7 at the same venue, EverBank Field.

› Cape Coral’s comeback from the recession continues to present opportunities for entrepreneurs
Hospitality entrepreneur Tim Hoffman figures people everywhere love to linger. Add in friends, food, drinks and music, plus a dockside setting, and you’ve created a destination.

› Orlando to bid on new Amazon headquarters, officials confirm
Retail and tech giant Amazon has invited Orlando-area leaders to bid for its second major U.S. headquarters, a project it has been shopping around that could create 50,000 jobs for its eventual home.

› Small Business Administration opens Jacksonville disaster assistance center
The U.S. Small Business Administration has established a disaster assistance center in Jacksonville to help those impacted by Hurricane Irma secure loans to help pay for costs in the recovery after the storm.

Go to page 2 for more stories ...

Tags: Daily Pulse

In case you missed it:

Florida Trend Video Pick

Incoming income tax instructor indicated
Incoming income tax instructor indicated

Affordable housing remains an issue; Income tax guidance on its way; What's in the 2024 budget; A mysterious threat to endangered sea life; Bass Pro Shops founder's "Florida Dream"

 

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Should Congress ban the popular social media app TikTok in the U.S.?

  • Yes
  • No
  • Need more details
  • What is TikTok?
  • Other (Comment below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.