Working & The Economy

Amid turbulence in FL property insurance market, homeowners still have options — but not many

BY: - June 7, 2022

With the first named storm of the 2022 hurricane season — Alex — already leaving its mark on South Florida, the turmoil in the state’s property-insurance market continues to worsen. Tens of thousands of Florida homeowners are scrambling to find coverage, as the insurance industry grapples with “an existential challenge,” as described by a leading […]

DeSantis signs 2022-23 state budget, slicing $3 billion in vetoes, while dissing President Biden

BY: and - June 2, 2022

Gov. Ron DeSantis signed the 2022-23 state budget of $109.9 billion on Thursday, slashing $3.1 billion in line-item vetoes from the original document approved by the Legislature in the spring. The governor acknowledged some “pork” in the hefty budget, often labeled pork barrel projects, turkeys, or local budget items that bring home the bacon for […]

U.S. Secretary of Agriculture Vilsack offers integrated plan for domestic food production

BY: - June 2, 2022

The Biden administration has set aside billions of dollars to help the nation’s food supply chain recover from the coronavirus pandemic — and, more recently, the looming global effects of Russia’s invasion of Ukraine — and on Wednesday, it announced new funding and a comprehensive overview of how those initiatives mesh. “A transformed food system […]

Passenger and freight rail projects in 32 states, including FL, get millions from U.S. DOT

BY: - June 2, 2022

WASHINGTON — The U.S. government is doling out millions of dollars to railroad projects throughout the country in hopes of improving supply chains and passenger rail service. The announcement by the Biden administration of $368 million in Consolidated Rail Infrastructure and Safety Improvements will go to more than 46 projects designed to improve safety and […]

COMMENTARY

By focusing only on ‘resilience,’ Florida’s governor ignores climate change’s deadly heat

BY: - June 2, 2022

Florida tends to be a pretty lively place. Just look at all our crowded beaches, highways, stadia, hockey rinks, racetracks, bars, restaurants, casinos, and, sometimes, hospital ERs. You may be surprised to hear that we’ve also got lots of amazing dead spots too — in other words, graves. The most famous one is the Key […]

Amid property-insurance crisis, mobile-home owners and hurricane shelters get some attention

BY: - May 27, 2022

Overshadowed by the statewide crisis in Florida’s property-insurance market, legislation to make mobile homes and manufactured homes safer during strong storms was signed into law Wednesday. The new law also lets state funding be used not only for retrofitting of hurricane shelters but also for construction of new ones. Sponsored by Palm Beach County Democrat […]

Gov signs property-insurance overhaul; market is still in freefall as hurricane season opens next week

BY: - May 26, 2022

A package of property-insurance measures adopted in special session this week by the Florida Legislature are now in effect, signed into law Thursday by Gov. Ron DeSantis amid projections that still more insurance companies will fail in coming weeks. That would leave tens of thousands more homeowners scrambling to find insurance coverage in the opening […]

Infant formula stockpile for the U.S. suggested by FDA chief

BY: - May 26, 2022

WASHINGTON — The U.S. government should consider creating a stockpile of infant formula to avoid the possibility of future shortages, the head of the U.S. Food and Drug Administration told a Senate committee on Thursday. Commissioner Robert Califf said during his third hearing on Capitol Hill about the months-long shortage that his agency and lawmakers […]

FDA chief cites ‘egregiously unsanitary’ conditions at Michigan baby formula plant

BY: - May 26, 2022

WASHINGTON — The head of the U.S. Food and Drug Administration told Congress on Wednesday that he’s found no evidence of intentional delay or malfeasance within the agency — though it took months to act on a whistleblower report of what he called “egregiously unsanitary” conditions at an infant formula plant in Michigan. FDA Commissioner […]

hurricane cleanup

GOP-controlled FL Legislature OKs property-insurance overhaul; some Dems call it a bailout

BY: and - May 25, 2022

Legislation intended to shore up Florida’s crumbling insurance industry is ready to send to Gov. Ron DeSantis to sign following a three-day special session of the Florida Legislature to address the deteriorating marketplace, skyrocketing premiums, and widespread policy cancellations on the eve of hurricane season. The state Senate adopted the package on Tuesday and the […]

Finally: Surfside-inspired condo reforms pass FL Legislature during its special session

BY: - May 25, 2022

Thirty days before the one-year anniversary of the collapse of the Champlain Towers South condominium in Surfside, which killed 98 people, the Florida Legislature has finally approved legislation designed to keep the tragedy from happening again. The 110-0 vote Wednesday in the state House, following approval by the Senate the day before, is now on […]

FL Senate passes property-insurance rescue bill, despite lacking prompt relief for consumers

BY: - May 24, 2022

The Florida Senate voted 30-9 to adopt a property-insurance bill to help Florida’s collapsing marketplace, despite admissions that more companies will fail and more policies will be cancelled after June 1. The bill now goes to the House of Representatives, where a companion bill adopted Tuesday in the House Appropriations Committee awaits. Sen. Jim Boyd, […]