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Tuesday's Daily Pulse
What you need to know about Florida today
Florida Legal Elite
Florida Legal Elite recognizes the top attorneys in the state, as chosen by their peers. Attorneys are listed by practice area as well as Government, Non-Profit, Up and Comers, Hall of Fame. Florida Trend invited all in-state members of the Florida Bar to name attorneys whom they highly regard or would recommend to others. Voters were also asked to name three “up and coming” attorneys, and outstanding attorneys working in the government and non-profit sectors. [Source: Florida Trend]
Florida insurance agents feeling the heat from roiling marketplace
Dan Alexander, vice president of Thompson Baker Agency in St. Augustine, has seen the worst of the Florida property insurance market from the inside-out: From agents who’ve quit to carriers that have gone insolvent or stopped writing new business, to having to manage policyholders that are mad at the world over soaring premiums. [Source: Insurance Journal]
Orlando Health plans new Florida hospital in Pasco County
Orlando Health announced plans for the new hospital in the northeast quadrant of the intersection of State Road 56 and Wiregrass Ranch Boulevard. It is under contract to purchase the site and expects to close on the property later this year. Orlando Health Wiregrass Ranch will offer emergency and specialty services as well as inpatient care. [Source: Orlando Business Journal]
FAU study tracks a real estate slowdown
The housing market has been hot through this pandemic. But researchers at Florida Atlantic University and Florida International University, who have been looking at both rental and home prices for months, say they are seeing a change on the horizon. [Source: WPBF]
How does Miami tech pay compare to San Francisco? You might be surprised
Miami-area residents employed by capital-backed technology firms are paid 90% of what tech workers earn in the San Francisco Bay area — that's far more than expected. According to a report from Carta, a management platform for companies and investors, if compensation adhered to adjustments recommended by the U.S. Bureau of Labor Statistics, Miami tech workers would only make 68% of the salary earned by employees in San Francisco. [Source: South Florida Business Journal]
ALSO AROUND FLORIDA:
› Seminole draws in record hotel tax revenues this year
Seminole has collected a record amount of tax revenue from hotel room nights and short-term rental stays this year. It’s an indication that visitors are not only traveling to the famous-name attractions to the south — such as Walt Disney World, Universal Studios and the Orange County Convention Center — they are also filling hotels in Seminole
› Rent increases begin to cool across Florida metros, according to Redfin report
Redfin found that the national median asking rent rose 14% from a year earlier — the smallest annual increase since October. The technology-powered real estate brokerage also noted in its report that rents were up 0.7% from May, the smallest month-over-month gain since the start of the year.
› Takeaways from Tallahassee — Top 10 votes for small business
NFIB its Voting Record scorecard for the 2021-22 term. Sens. Jason Brodeur and Ileana Garcia and Reps. Jason Fischer, Blaise Ingoglia, Spencer Roach and Jayer Williamson — all Republicans — earned perfect scores on the 10 bills NFIB says were most important for small businesses. Another 16 Senators and 67 House members voted in NFIB’s direction 90% of the time.
› South Florida commuters turn to electric scooters for convenience and cost
summary
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