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Florida Business News

• Hurricane evacuation plans could be muddled by coronavirus

  For Floridians, the remainder of the year presents two dangers: an over-active hurricane season and the risk of contracting the coronavirus.

• Will Canadian snowbirds still flock to Florida

  As crossing into the U.S. from Canada via car remains banned except for essential purposes, Canadian snowbirds are deciding how to handle their yearly seasonal trips down to Florida.

• August tax collections exceed revised projections by $177M in Florida

  When state economists lowered fiscal year 2021 revenue estimates in August to reflect COVID-19’s effect, it essentially was an acknowledgement that pre-pandemic economic metrics no longer applied, at least not temporarily.

• Florida braces for a storm of homeowners insurance rate hikes

  The peculiar dynamics of reinsurance and climate have inched the state of Florida toward the precipice of an insurance disaster. Simply put, homeowners’ premiums are set to become very, very expensive.

• Gas prices keep dropping (not that Florida drivers will complain)

  Florida’s gas prices continue to drop, with the average price across the state for a gallon of regular unleaded sliding three cents over the past week to $2.10 per gallon, according to the American Automobile Association.