Thursday's Daily Pulse
What you need to know about Florida today
How the Florida insurance industry hopes to rein in AOB crisis
Florida's assignment of benefits epidemic is leading to higher insurance rates, reduced coverage and a potential insurance market crisis in the state. Carriers across the state have seen an increase in litigation because of inflated claims. According to the Florida Department of Financial Services, there were 405 AOB lawsuits across all 67 Florida counties in 2006, and by 2016 that number had risen to 28,200. [Source: Insurance Journal]
New El Niño forecast, what it means for Florida's hurricane season
Chances that the global climate pattern El Niño will develop this fall were increased in the most recent forecast. For Florida, the periodic warming of the equatorial Pacific Ocean can mean a less active hurricane season with fewer of the powerhouse Cat 5 tropical cyclones known to build during the peak months of August through October. [Source: Palm Beach Post]
NASA plots a return to the moon within a decade — but this time astronauts will stay there
Bob Richards, the CEO of Cape Canaveral-based Moon Express and a self-described “orphan of Apollo,” now is confident that Americans are within a decade or so of returning to the lunar surface — this time to stay. [Source: Florida Today]
Looking to buy a TV or home? New tariffs mean South Floridians could see even higher prices
South Florida’s already-high new home prices could get boosted by the trade war — again. And this time, the price of the furniture and TVs used to furnish them could rise as well. Under new tariffs proposed last week, finishes like stone counter tops, tiles and light fixtures from China would become more expensive. [Source: Miami Herald]
Push to put open primaries amendment on 2020 ballot begins
A proposed ballot amendment to allow unaffiliated voters to cast ballots in partisan primaries didn’t get the green light from the Constitution Revision Commission this year, but on Wednesday a group committed to getting the proposal in front of voters in 2020. [Source: Florida Politics]
Related, from Florida Trend:
» Florida's constitutional amendments are a mixed bag (includes explanations, pros and cons, political context)
ALSO AROUND FLORIDA:
› St. Petersburg ranked best-run city in Florida
WalletHub recently released a ranking of the best-run cities across the nation and placed St. Petersburg in the top 50 cities, making it the highest-ranked city for the state of Florida.
› South Florida 'ground zero' for card skimmers
Across the state of Florida, skimming devices uncovered by state inspectors nearly tripled in just one year. According to the Florida Department of Agriculture and Consumer Services, inspectors found 169 skimmers in 2015, 219 skimmers in 2016 and tripled to 655 skimmers in 2017.
› Brightline adds VP of government affairs
Bob O’Malley, formerly of CSX Transportation, has joined Brightline as vice president of government affairs in a newly-created role. O’Malley will oversee government affairs and community outreach of the company’s Orlando to Tampa expansion efforts.
› Miami commission OKs ballot referendum for new soccer stadium
Miami city commissioners voted 3-2 Wednesday to approve a November ballot referendum that could pave the way for a new soccer stadium in Miami. A group including former soccer superstar David Beckham is proposing the stadium be built on Miami’s Melreese County Club in order to host the city’s new Major League Soccer franchise.
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