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Wednesday's Afternoon Update
What you need to know about Florida today
Governor ordered 'freeze on any and all' insurance rate hikes. But it's not that simple
Gov. Rick Scott’s Sept. 12 directive to Insurance Commissioner David Altmaier after Hurricane Irma pummeled Florida could not have been more clear. Altmaier’s response, in the form of an emergency order released more than 24 hours later, was loaded with industry jargon and citations from state law. More from the South Florida Sun-Sentinel.
By-the-Numbers
Florida voters have less sway in electoral college outcome
Florida has 29 electoral college votes. Based on the state's population size, that means that 327,700 votes were cast for every single electoral college vote — the highest number of votes cast per electoral vote in the country. In California, the most populous state in the nation, 258,900 votes are cast for every single electoral college vote. Texas has a 236,700:1 ratio. The state with the lowest ratio is Wyoming, at 85,300:1. More from Axios.
Florida Madoff victims to begin receiving recovered money
Florida is home to the second-largest pool of Madoff’s victims, with 63 victims in Sarasota County and a handful in both Manatee and Sarasota counties. One in five victims were from Florida, particularly concentrated in Palm Beach, Broward and Miami-Dade counties. More from the Sarasota Herald-Tribune.
Small business defaults rise in Florida
PayNet, the leading provider of small business credit assessments on private companies, announces that in July 2017 the percentage of Florida’s small businesses defaulting on existing loans has risen. Of the 18 major industries, defaults rose in 11 and fell in 7 in the state compared to the previous month. Read the full press release here.
James O’LearyJacksonville-based Haskell Co. names new president
Haskell has named its third president in the company’s 52-year history. James O’Leary, who has been chief operating officer, is assuming the president’s title immediately, the architecture, engineering and construction company announced Tuesday. Full news release is here. Also read more at the Florida Times-Union.
Sports Business
North Port approves final Atlanta Braves agreement
The Atlanta Braves are officially relocating their spring training to a new stadium complex in North Port. More than 2 1/2 years in the making, the plan received its final public approval from the North Port City Commission Tuesday, after Hurricane Irma forced a weeklong delay.
» More from the Sarasota Herald-Tribune.
Profile
Bourbon and Boweties
As a child Carley Ochs played dress up, draped in her grandmother's furs. When she became a teenager, armed with a hot glue gun and sewing machine, peers at Durant High School would give her jeans to re-style. She even decorated the senior class shirts. Now, the Bourbon and Boweties founder helps style women all over the nation with her line of bracelets.
» Read more from the Tampa Bay Times.
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