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Thursday's Afternoon Update

Gov. Scott says he'll fight for PIP law

Gov. Rick Scott said he will "continue to fight" for the state's new Personal Injury Protection law in light of a judge's temporarily banning its enforcement. Scott says changes to PIP have resulted in more than 70 percent of insurance rates approved by the Office of Insurance Regulation either decreasing or holding steady. More at the AP.

See backstory:
» Injunction of PIP law could pave way to elimination of no-fault insurance
» Judge blocks part of PIP reform

State to appeal Florida/Cuba contracts ruling

Lawyers for the state will make their case Thursday in a federal court in Miami as they appeal a court ruling which struck down a 2012 law which dealt with companies who do business with Cuba. Under the law, local governments were barred from doing business with companies that have contracts with Cuba or Syria. More at the AP.

Movies mean big business for Florida, new study shows

Business Profile

Summit Learning Services

summit learning services
Entrepreneur Ed Cwieka and public school teacher Jeanee Thompson met in 2006, opened their tutoring business in 2007 and plan to get married this year. Their Plantation-based Summit Learning Services has blossomed like their relationship. It made the Inc. 500 fastest-growing company list in 2012 at No. 488 and is budgeted to reach $4 million in revenue this year.

» Full story

A study released today on the economic impact of The Florida Film and Entertainment Industry Financial Incentive Program found a return on investment (ROI) of 4.7, with estimated state and local tax revenues in Florida last fiscal year totaling $547 million and the present value of the tax credit totaling $117 million. More at Around Osceola.

Business tour spotlights a post-shuttle Brevard

Local economic leaders never get tired of showcasing Embraer jet’s North American headquarters at Melbourne International Airport. They were at it again Wednesday, choosing the site to open a four-day tour of Brevard County’s economic jewels for international journalists and site-selection executives. More at Florida Today.

FAU gets grant to teach personal finance

Florida Atlantic University will be instructing teachers how to pass on good financial management: The College of Business received $5,000 from State Farm to provide financial literacy programming to local educators, FAU has announced. More at the South Florida Sun-Sentinel.

Nonprofit Trends
Nonprofits may not be what you think

gallery 2014Browse at Gallery 2014 on Harrison Street in Hollywood and you might think you're in a typical art gallery. It's studded with paintings and sculptures from local and international artists, and art classes are offered in the back. But unlike most galleries in South Florida, the new space is a nonprofit organization.

» Full story at the South Florida Sun-Sentinel

» Gallery 2014