Florida Trend | Florida's Business Authority

Tuesday's Afternoon Update

As hurricane season approaches, insurers are canceling thousands of Florida customers

As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will soon receive notices that their policies have been canceled or won’t be renewed. State insurance regulators recently authorized “extraordinary” terminations of thousands of policies of Florida-based insurers Universal Insurance of North America, Gulfstream Property & Casualty, and Southern Fidelity. And the bloodletting will likely continue over the coming months with other insurers seeking to shed risky or unprofitable policies while refusing to insure older homes with roofs, electrical systems and plumbing that have not been upgraded to comply with current building codes. More from the South Florida Sun-Sentinel.

Florida races toward mobile sports betting, but where are data privacy safeguards?

As the Florida Legislature convened this week for a special session to legalize mobile sports betting in Florida, one issue essential to the growth of the industry has been left out of drafts of the 18 bills filed in the House and Senate: How the gambling industry harvests and handles consumers’ data. It’s not a new issue. Legislators spent much of the regular session on a proposal that would have imposed new disclosure requirements on companies that collect information from anyone who downloads an app or uses a website. The bill was vigorously opposed by some of the state’s largest industries, and it died on the last day of session. More from the Tampa Bay Times.

Surge of New Yorkers relocating to Florida, new numbers show

According to new data from the Florida Department of Highway Safety and Motor Vehicles, 33,565 New York residents got Florida driver's licenses between September of last year and March of this year. That's a 32% increase from the same period the year before. Florida officials said many parents chose to relocate their families to the Sunshine State so their children could take part in full-time, in-person learning.  More from WPTV.

Orlando International Airport holds job fair with 50 companies

Orlando International Airport passenger numbers are rebounding from depressed levels during the pandemic and more than 50 companies at the sprawling travel hub in south Orange County hope to find new employees Tuesday during a job fair. Airport officials began to note a shortage of workers in recent months as restaurants, stores and theme-park outlets began to reopen. The airport has more than 16,000 workers employed by private companies. More from the Orlando Sentinel.

Boutique hotel coming to downtown Fort Lauderdale, at east end of Las Olas

Las Olas Boulevard may be getting a fancy new tenant: A nine-story five-star hotel with 138 rooms that would open by fall 2023, just in time for the Fort Lauderdale International Boat Show. Developers Charlie Ladd and Steve Hudson say they’ve been working on their $100 million vision for more than two years now, hoping to bring a boutique hotel with a timeless design to Fort Lauderdale’s most fashionable street. “It’s our belief that Las Olas can be Beverly Hills,” Ladd said. “Las Olas has all this charm. We want to make it Broward County’s Worth Avenue.” More from the South Florida Sun-Sentinel.

Uncharted territory: Vaccines and the workplace

As delivery of the Covid-19 vaccine moves beyond healthcare workers and senior citizens to the general public, some employers wonder if employees can be required — or decline — to receive the vaccine. This is uncharted territory. However, based on guidance from the Equal Opportunity Employment Commission and the Occupational Health and Safety Administration, in certain circumstances employers can mandate employees receive the vaccine in order to provide for a safe workplace. [Sponsored report]

Tech Trends
An update on self-driving technology

 While a future of autonomous vehicles that pick up passengers in their driveways for the commute to work or a night on the town is years away, self-driving shuttles are already here. In the 17-square-mile live/work/play Lake Nona planned development in Orlando, locally based Beep has been offering all-electric autonomous vehicle shuttle service for 18 months and now has eight shuttles along five routes that connect residential areas, the town center, medical centers, UCF’s medical campus and the park.

» More from Florida Trend.

 

Sports Business
Raptors’ Tampa ride doesn’t net on-court success, but they hope to leave local legacy in community

floridaForced to play outside Toronto because of coronavirus-related Canadian travel restrictions, the team made the temporary move to Tampa, bringing regular-season NBA basketball to the bay area for the first time. The Raptors hope they can return to Toronto, where they haven’t played since February 2020, when the next NBA season begins in five months, but that’s not a certainty.

» Read more from the Tampa Bay Times.