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
Doral-based cruise giant Carnival Corp. & PLC has signed a memorandum of agreement with Italian shipyard Fincantieri to build the two new cruise ships.
A proposed new law would ensure all voters can have a say in who becomes the state’s top prosecutors and public defenders.
As an entrepreneur, one of the most common challenges is finding the right resources to start, grow or relocate a business.
Florida Trend Video Pick
In an interview with USA TODAY's video newsmaker series, Gov. Scott said what will matter in the end isn't Trump's current ratings — which are dismal by historic standards — but whether he delivers on what he promised during the campaign.
Do you support the repeal of Obamacare?