February 22, 2024

Thursday's Daily Pulse

What you need to know about Florida today

| 11/9/2023

Rising cost of home insurance shows alarming trend: an increase in owners not insuring their homes

“They don’t want to pay, you know, 10,15 $20,000 for homeowners’ insurance,” insurance agent with Brightway Insurance Matt Carlucci Jr. said. Carlucci said not having a home insurance policy is not a recommended course of action, which is only available to people who have paid off the existing mortgage on their house. “Everybody’s, you know, getting renewals, and very expensive,” Carlucci said. “And they’re wondering how they can afford it.” [Source: WJXT]

Officials say Florida faces health care provider shortage

Health care shortage problems are worsening as population grows older and larger at the same time. The Florida House Healthcare Regulation Subcommittee met Wednesday to discuss the healthcare workforce in Florida. Dr. Emma Spencer, Director at the Division of Public Health Statistics and Performance Management within the Florida Department of Health, gave a presentation on the physician workforce in the Sunshine State. Spencer stated that according to the 2022 Physician Workforce Annual Report, the largest group of physicians in the Sunshine State are between ages 50 and 59, with an average age of 53. [Source: The Center Square]

New College of Florida asks state for almost half a billion dollars over next five years

The college said it needs a "minimum" of $400 million over that span to achieve the goal it set forward to the Florida Legislature of becoming "a world-class classical liberal arts educational institution," according to the plan. Corcoran's business plan for New College has previously been criticized for not being financially viable, according to business experts from the University of Florida. [Source: Sarasota Herald Tribune]

2 more endangered Florida panthers struck and killed by vehicles

Two endangered Florida panthers have been struck and killed by vehicles, officials said. A 2-year-old male panther's remains were found Monday near the Spirit-of-the-Wild Wildlife Management Area in Hendry County, and a 3-year-old female panther was found dead a day later near the Fisheating Creek Wildlife Management Area in Glades County, wildlife officials said. [Source: FOX News]

Florida Supreme Court hears arguments over recreational marijuana amendment

The Florida Supreme Court heard arguments Wednesday about whether a proposed constitutional amendment that would allow adults to use recreational marijuana should go before voters in 2024. Lawyers for Attorney General Ashley Moody’s office and the Florida Chamber of Commerce argue that the amendment is misleading to voters and fails to address a single subject as required under state law. [Source: WTVJ]


› Port Canaveral, one of Florida's biggest economic engines, running short on space as key players keep growing
Port Canaveral is running out of space. Cruise, cargo, and space operations are growing rapidly, and the port can only fit so much into 1,100 acres. In 70 years, Port Canaveral’s gone from a small slice of the Space Coast to an economic engine.

› Hispanic-owned businesses get bigger share of SBA 7(a) loans in Central Florida
Some minority business owners are better served by the Small Business Administration here in Central Florida than they are nationally. The SBA shows a greater percentage of Hispanic-owned businesses received funding through the SBA 7(a) Loan Program than the national trend — twice as much, in fact.

› Miami airport has shortest security wait time in Florida, ranks 6th in the US: study
As many across the United States gear up for holiday travel -- they might also be dreading crowded airports and expected delays. But some South Florida travelers might not run into too much of a headache with Thanksgiving coming up, as Miami International Airport reportedly has the shortest average security wait time in Florida, according to a new study.

› Florida special session ends: Resolutions, bills passed in support of Israel
The special legislative session in Tallahassee has wrapped up and among the measures passed were several in support of Israel and ones that stand against a rise in antisemitism.

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