1. opens in a new windowAs Florida property insurance premiums skyrocket, lawmakers consider special session
Florida may be heading for a special legislative session as residents reel from rising property insurance rates — due in part to insurance companies taking repeated hits from natural disasters and rising construction costs. The result has forced insurance companies to raise rates, or go out of business, hitting the pocketbooks of businesses and residents alike.
Between fierce demand for C-suite talent and COVID forcing businesses and society to reevaluate norms, the traditional C-suite work environment is getting turned upside down.
For years, leaders in the public and private sectors have advocated for the promotion of financial literacy among younger generations. Now that high-school students in Florida are required to pass a personal finance course upon graduation, the expectation is for an improvement in various financial indicators, including bankruptcies and credit card debt.
4. opens in a new windowCrypto crunch: Texas will require authorization before cryptocurrency miners plug in
In Texas’ endeavor to become a hub for cryptocurrency mining, the resulting increased strain on the energy grid has become a concern.
Broward County’s economy is showing no signs of slowing down and local leaders in economic and workforce development are confident in where the region is headed. As the economy continues to diversify, the technology and pharmaceutical manufacturing sectors have established themselves as key contributors to economic growth in the area.