Florida Trend | Florida's Business Authority

Friday's Daily Pulse

Florida's fraud is mounting and you're paying for it

Lies and deceit by others can mean your hard earned money is being ripped right from your wallet. Florida's insurance fraud is mounting and you're paying for it. Everywhere from doctors' offices to our roadways, crooks are finding ways to make big bucks at your expense. More from WJXT.

Saving North America's last living coral reef

If you've been to the Florida Keys you know how important diving is for the economy, but what if there was no coral left? The scary reality of that happening is not far off. Diving is the engine in the Florida Keys driving an economy built on the last living coral reef in North America. [Source: WPTV]

Educational choice, not school choice, making moves in Florida

While Florida garners national attention as the site of tax credit scholarships captivating Secretary of Education Betsy Devos, a lesser-known example of choice in education in the state could be turning into a movement. [Source: Full opinion ]

Florida's hurricane fund remains strong heading into season

The Florida fund that helps private insurers pay out claims after a hurricane continues to be in strong shape ahead of storm season. Estimates prepared by Raymond James show the Florida Hurricane Catastrophe Fund will have $17.6 billion available this year. [Source: AP]

Your turn:
» Are you ready for hurricane season? (quick poll)

Opinion: Florida’s infrastructure must keep up with growth

Florida's growth is great news, but continued expansion will require smart investments in Florida’s transportation infrastructure. With tight budgets at all levels of government, funding these needed investments will be challenging. [Source: Miami Herald]

ALSO AROUND FLORIDA:

› Health of new CSX CEO Hunter Harrison in question
Hunter Harrison, the new CEO of Jacksonville-based CSX, has an undisclosed medical condition that requires him to use oxygen from time to time and work from home several days a week.

› Miami-based Global Garlic recalls a cheese product on listeria concerns
Global Garlic became the second Miami-based company this week to recall 227 pounds of a brand of cheese allegedly made in Central America over listeria concerns.

› Orlando-based Legion Capital launches mini-IPO, aims for NASDAQ
Orlando-based private equity firm Legion Capital, which is focused on investments in financial technology or fin-tech, is going public and hopes to list on the NASDAQ stock exchange.

› Kellogg to lay off 246 in Broward
Kellogg Co. will permanently close a distribution center in Weston and lay off hundreds of people, the South Florida Business Journal has learned.

Go to page 2 for more stories ...

› South Florida receives $27M to combat deadly heroin epidemic
Nearly $27 million is coming to South Florida to fight a dangerous heroin epidemic. About $5 million of the available funds will be shared between several South Florida counties like Palm Beach, Broward and Miami-Dade.

› Sarasota County to consider Atlanta Braves agreement
Funding for the nearly $74 million complex must be in place by the end of October and that construction must be complete by Jan. 15, 2019, in time for the spring training season that year.

› Express Scripts acquires Florida firm
Express Scripts Holding Co. said it has acquired a Florida firm focused on providing pharmacy benefits to those in workers' compensation programs.

› South Florida tech companies SpeedETab and Paymentz team up to propel growth
SpeedETab, a Fort Lauderdale startup that enables customers to order and pay for food and drinks from their smartphones, has received a majority stake investment from Paymentez, a Miami-based payments platform for goods and services in Latin America.