Florida property insurance News

Florida Jewish Center Burned by Arsonist But Police Say It’s Not a Hate Crime

FORT LAUDERDALE, Fla. (AP) — A South Florida Jewish center suffered severe damage in a weekend arson fire that police believe was set by a mentally ill homeless man who previously confronted the rabbi and others. Rabbi Chaim Slavaticki said …

Miami Beach Office Asking for Top Rent Signs First Tenant

New York-based hedge fund J. Goldman & Co. signed a lease at a new Miami Beach office building that’s seeking some of the highest rents ever seen in the market. J. Goldman agreed to take roughly 10,000 square feet (929 …

Florida Bills Moving, But Agents Disagree on One That Bars Cancellations After Storms

Florida legislation that has been called an “agents’ bill” because it could perhaps make life a little easier for insurance agents after storms, passed a major hurdle this week, moving it closer to approval by the full Legislature. But all …

Aging Population Could Be Left on the Coast as Sea Levels Rise, Study Shows

As sea levels rise in coming years, younger people will move inland, while aging populations will be stuck with the growing risk in coastal areas, a Florida State University professor and researchers have concluded. “Older populations are the least likely …

Gallatin Point Buys Majority Stake in American Family’s Florida Unit, Has National Plans

If you can make it in Florida, you can make it anywhere—especially if you have a billion dollars in capital. That may be the thinking behind a plan by Gallatin Point Capital to purchase a majority stake in Trusted Resource …

30 Florida Counties Join Suit Against Tax-Bill-Based Home Hardening Program

Tax collectors in more than 30 Florida counties have joined a lawsuit against a home-hardening and energy efficiency program, arguing that it misleads homeowners and saddles them with huge property tax bills. The Florida PACE Funding Agency has pushed back, …

Hurricane Season May be Over, but High Winds Still Lashing South Florida

FORT LAUDERDALE, Fla. (AP) — It’s beginning to look at lot like … hurricane season — at least across much of South Florida, where it’s been windy and rainy for two days and the forecast predicts more of the same …

Real Estate Titans Battle DeSantis Over China Property Crackdown

(Bloomberg) — Ron DeSantis rattled corporate America by making Walt Disney Co. a target of his conservative culture wars. Now, the Florida governor’s campaignto rid the state of Chinese influence is fueling a forceful backlash from big-name investors. A group …

Despite Insurance Costs, Lux Condos Going Up: Miami Tower to Have $150M Penthouse

(Bloomberg) — A roughly 13,000-square-foot, full-floor penthouse and roof at the Rosewood Residences, a 17-story condo tower designed by Peter Marino in Miami’s South Beach, could soon be the most expensive in Miami Beach’s history. It’s priced at “over $150 …

Is Miami-Dade, Once the Leader in Strong Building Requirements, Now Out of Step?

Editor’s note: For almost three decades, Florida contractors and building officials have operated under two different building codes: One for most of the state and another for the southeastern corner – Miami-Dade and Broward Counties, known as the High Velocity …