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Thursday's Daily Pulse
What you need to know about Florida today
› Deductibles, spoiled food, evacuation costs: New hurricane coverage pays what traditional policies won’t
A new supplemental insurance product covers insurance deductibles following storms, plus food spoilage, evacuation expenses, tree damage, boat docks and seawalls, power outages, damage from storm surges, pool cages and more, according to Assured Risk Cover. Find more information about "StormPeace," policy that pays out-of-pocket expenses not covered by homeowners insurance, here (press releaase).
› Algae bloom on Lake Okeechobee has groups, scientists concerned
An algae bloom on Lake Okeechobee has some local groups and scientists concerned that water from the big lake may soon bring a bloom to the Fort Myers area. The freshwater bloom is already washing into the St. Lucie River and estuary, the east coast drainage version of the Caloosahatchee River.
› Appeals court can rule any day on David Beckham stadium deal. Then it gets complicated.
Miami-Dade County on Tuesday fought for the right to sell David Beckham land for a stadium in a no-bid deal, making its case before an appeals court at a time when it's not clear the retired soccer star even wants the public property anymore.
› Renters in better position to create wealth than homebuyers, South Florida professors say
As U.S. housing markets including South Florida's approach the peaks of their price cycles, it’s better to rent than buy a home, according to the latest “Buy vs. Rent” index produced by two South Florida professors.
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