Florida Trend | Florida's Business Authority

Friday's Daily Pulse

Driverless cars, including big rigs, could be hitting Florida highways next year

Driverless semi-trucks could be sharing Florida highways as early as next year, and there will be no requirement that surrounding motorists know it. Nor will autonomous driving systems need to be tested, inspected, or certified before being deployed under a new state law that takes effect July 1. On Thursday, Gov. Ron DeSantis signed the bill enacting the law in a ceremony at SunTrax, the state’s new autonomous vehicle testing track in Auburndale. More from the Orlando Sentinel, WTVT, the South Florida Sun-Sentinel and the AP.

See also:
»Governor Ron DeSantis Signs CS/HB 311: Autonomous Vehicles

Hemp is hot, and Florida farmers hope to cash in on multibillion-dollar crop

This summer will bring a surge of activity toward getting the state’s regulations and permits for hemp farms in place. Florida’s hemp farming program, approved by the Legislature this spring, is expected to be signed by Gov. Ron DeSantis and become law on July 1. The state also is soon hosting a workshop to answer questions about hemp farming and get feedback on state rules. [Source: South Florida Sun-Sentinel]

Florida creates Blockchain Task Force to study benefits of blockchain technology

The Blockchain Task Force will study if and how Florida’s state, county, and municipal governments can benefit from a transition to blockchain-based systems for recordkeeping, data security, financial transactions, and service delivery, and identify ways blockchain technology can be used to improve government interaction with businesses and the public. [Source: National Law Review]

Are credit unions Florida's new community banks?

Credit unions, nationally and especially in Florida, are diving into a new form of expansion: buying banks. A pair of billion-dollar area credit unions lead the way in the buy-to-grow strategy. The 15 largest credit unions in Florida hold more than $45 billion in assets. Five of the top 15 are based in the Tampa Bay/Lakeland region. [Source: Business Observer]

Turns out Florida dads are the nation's best homework helpers

He does more than blurt out corny dad jokes – he's also good at trying to help with homework. According to a survey by Brainly , an educational technology company, it turns out Florida dads are the nation's best homework helpers. Forty-four percent of dads in Florida help their children with homework assignments. [Source: WPTV]

ALSO AROUND FLORIDA:

› Climate change, South Florida sea level rise preparation could cost SFWMD $1 billion
A 10-year program to prepare for sea level rise could cost the South Florida Water Management District more than $1 billion. A three-step program of assessing the problem, designing solutions and building those projects could begin next year, Akintunde Owosina, head of the Hydrology and Hydraulics Bureau, told district board members Thursday.

› $62 million collected so far: What happens if Hillsborough’s transportation tax is revoked?
What if they collected a tax and never got a chance to spend it? Who would get the money? Where would they keep it in the meantime? Are there laws about all this? These and other questions are swirling around a ruling expected any day now on whether the one-cent transportation tax approved by Hillsborough County voters in November is valid.

› Emilio and Gloria Estefan unveil their renovated Cardozo South Beach hotel
Fans of Emilio and Gloria Estefan who have wondered what’s inside their Miami Beach estate may get a glimpse when they visit the Cardozo South Beach hotel. The Estefans have completed a four-year, $15 million renovation of their Art Deco hotel at 1300 Ocean Dr. Part of that interior makeover included adding some personal accessories from their Star Island estate including furniture, chairs and art work.

› Citizens Insurance still grappling with Hurricane Irma lawsuits
Gov. Ron DeSantis and Florida lawmakers this spring approved a plan to overhaul the controversial insurance practice known as “assignment of benefits,” and put new restrictions on lawsuits against insurers. But the state-backed Citizens Property Insurance Corp. will continue grappling with thousands of lawsuits, including many stemming from disputes about claims from Hurricane Irma in 2017.

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› U.S. House approves red tide health research amendment
A budget amendment approved by the U.S. House of Representatives Wednesday earmarks $6.25 million to study the impact of red tide and other algal blooms on human health. U.S. Rep. Vern Buchanan, R-Longboat Key, proposed the research funding as an amendment to a broader spending bill.

› Two Tampa companies accused of selling 'virtually worthless' health insurance plans to hundreds of thousands of consumers nationwide
The complaint, filed this month in federal court in Miami, says that Tampa-based Health Insurance Innovations, Inc. and Health Plan Intermediaries Holdings LLC developed "limited benefit indemnity plans'' and paid millions of dollars to a South Florida company, Simple Health, to develop the sales pitch used to lure consumers.

› Orlando utility asks customers what they want for the future of energy
Orlando’s power utility is on the verge of some its most important business decisions ever, including when to retire its two coal plants and how to replace the electricity they produce with more environmentally friendly sources. To answer those vexing questions and chart an overall course to a new future of energy, the Orlando Utilities Commission is seeking advice from thousands of its longtime associates: customers.

› Justices reject challenge to FPL solar projects
The state Supreme Court on Thursday rejected a business group’s challenge to a decision that allowed Florida Power & Light to recoup money from customers for a series of solar-energy projects. The Supreme Court unanimously ruled in favor of the Florida Public Service Commission, which in 2017 approved FPL’s plan to recover the costs of the projects through base electric rates.