South Florida families in back-to-school mode for sales tax holiday
Summer thunderstorms did not deter shoppers, including Gov. Rick Scott, from hitting the stores in South Florida early Friday morning to take advantage of the start of Florida’s sales tax holiday weekend. The tax holiday lasts through midnight Sunday. Tax exempt items include clothes, footwear and accessories that cost $75 or less per each item. […]
Florida behind in creating highly skilled workforce, study says
Florida will lag behind the nation in creating high-paying jobs and producing workers who can fill them, according to a study by Georgetown University released Tuesday. The analysis by the Center on Education and the Workforce says Florida isn’t investing enough in education to improve its workforce and business mix, and the result is an […]
Investors reselling condo units bought during housing collapse
Bulk buyers have resold more than 60 percent of the coastal condominiums snapped up during the housing bust, according to a recent report. The investment groups have unloaded roughly 3,200 of the 5,100 units that were in or near foreclosure, said CondoVultures.com, a Bal Harbour-based real estate consulting firm. Many of the bulk sales occurred […]
New Citizens insurance customers could face 56 percent rate increase
Broward County homeowners who sign up for windstorm insurance from Citizens Property Insurance Corp. next year could pay up to 56 percent more than a neighbor with an existing policy, if a cap is removed on rate increases for new customers. Some new wind-only condominium customers would pay more than twice what existing policyholders pay […]
Florida: No. 2 in best states to do business
Florida is No. 2 as the “best state to do business.” Gov. Rick Scott probably won’t like that, but Florida did improve from last year. The state rose one spot from 2011 to take the No. 2 ranking in Chief Executive magazine’s annual Best & Worst States survey of chief executives, released Wednesday. Texas was […]
PIP reform bill passes Florida House
The Florida House voted 85-30 Friday to reform personal injury protection insurance, Florida’s no-fault auto coverage that lawmakers and insurers say is riddled with fraud and costing the state’s drivers millions of dollars. The measure, HB 119, would restrict treatment options for motorists injured in automobile accidents — PIP pays up to $10,000 for injuries […]