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.
» FRIDAY PREVIEW: Coming next week to FloridaTrend.com:
» You'll find all these stories first on the Daily and Afternoon Pulse e-mails.
Florida Business News
Florida gained more than 600,000 new voters since the last gubernatorial election, mostly unaffiliated voters.
In a fast-paced final debate Tuesday, Republican Gov. Rick Scott and Democrat Charlie Crist displayed their mutual contempt to a national TV audience.
Florida is now undergoing a major export boom, shipping more than $61 billion in products and services every year.
Florida Trend Video Pick
Gasoline prices in the U.S. are the lowest they've been in four years. Why?
Jeb Bush has said he'd accept tax increases as long as they are paired with federal spending cuts. This stance runs counter to conservatives who oppose tax hikes. Is Bush right?