Friday's Afternoon Update
What You Need to Know About Florida Today
Why Florida insurance premiums are risingThis week marked the end of hurricane season and six years without a direct hurricane hit for Florida. But many home insurance premiums in the state are still rising. What gives? "Insurers know the cycle won't last and that the costs associated with a hurricane's long tail require building up the reserves to pay those damages," according to the Insurance Information Institute, an insurance industry research and trade group. [Source: South Florida Sun-Sentinel]
Jorge Perez gives $35 million naming donation to Miami Art Museum
Joining the ranks of major givers in Miami, developer Jorge Pérez has pledged to donate $35 million in cash and art from his personal collection to the new Miami Art Museum, which will bear his name when it opens in two years. The donation includes $5 million that Pérez has already pledged and partially paid; an additional $15 million for the capital campaign and $15 million worth of Latin American art to be chosen by the museum. [Source: Miami Herald]
Stetson University offers free ride to two homeless Florida students
Two homeless Seminole County children who captured the hearts of TV viewers nationwide with their optimism and sincerity are receiving an all-expenses-paid trip — to college.
Stetson University, a nationally ranked private school in DeLand, announced Thursday that it's offering full rides to the Metzger kids, who were featured in Sunday's "60 Minutes" show about families living out of their vehicles. Read more from the Orlando Sentinel and see our previous coverage for the backstory.
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Florida Business News
The U.S. Small Business Administration recently announced that federal economic injury disaster loans are available to small businesses.
The newest Air Force refueling tankers and the economic boost they are expected to deliver will not be coming any time soon to MacDill Air Force Base.
To the eyes of hoteliers around the world, Miami has grown up to be the attractive, well-positioned global city they hoped it would be.
The unemployment rate in the Jacksonville area continues to be well below the national jobless rate, which is mostly good news.
Florida Trend Video Pick
Nelson F. Hincapie, President & CEO of the Voices For Children Foundation, has worked directly with hundreds of children in foster care and many who are aging out of the system.
What's your opinion of Sen. Marco Rubio seeking re-election?