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☆ Home prices are down as much as 12% in boomtowns in Florida, Texas, and other popular states
▼ + stars: | 2024-10-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Metros in Florida, Texas, and other states are seeing prices fall by as much as 12%, per Realtor.com. Miami, FloridaPedro Portal/Miami Herald/Tribune News Service via Getty ImagesMedian list price: $525,000Change from last year: -12.4%2. Orlando, FloridaSmithlandia Media/Getty ImagesMedian list price: $429,950Change from last year: -5.6%Advertisement9. Tampa, FloridaJohn Coletti/Getty ImagesMedian list price: $414,948Change from last year: -5.5%10. Nashville, TennesseeJohn Coletti/Getty ImagesMedian list price: $547,865Change from last year: -5.4%

Persons: —, Miami , Florida Pedro, Swapan Jha, San Francisco , California Nicholas Klein, Kansas City , Missouri Edwin Remsberg, Austin , Texas RYAN KYTE, Jacksonville , Florida Dan Reynolds, Tampa , Florida John Coletti, Nashville , Tennessee John Coletti Organizations: Metros, Service, metros, Miami Herald, Tribune, Getty, Kansas, Orlando , Florida Smithlandia Locations: Florida , Texas, Realtor.com, Florida, Texas, Miami , Florida, Cincinnati , Ohio, San Francisco , California, Kansas City , Missouri, Austin ,, Jacksonville , Florida, Denver , Colorado, Orlando , Florida, Tampa , Florida, Nashville , Tennessee

☆ Considering a move abroad in 2024? These are the best countries for expats
▼ + stars: | 2024-01-13 | by ( Blane Bachelor | ) edition.cnn.com time to read: +26 min

The survey, which has been running for a decade, reflects input from nearly 12,000 expats representing 177 nationalities in 181 countries or territories. John Coletti/The Image Bank Unreleased/Getty ImagesA longtime retirement destination for Americans, Mexico also has attracted more families and the digital nomad set over the past few years. Pros: Mexico ranked first in InterNations’ 2023 Expat Insider survey and has ranked among the top five countries since 2014. Cons: As is the case in Mexico and other countries with large expat communities, there’s growing backlash against the influx of foreigners, especially Americans, and especially in Lisbon. That popularity among auslanders has contributed to a housing pinch in major cities, especially Berlin, where finding accommodation is one of the most stressful aspects of a move.

Persons: It’s, Megan Frye, Frye, ”, “, We’ve, John Coletti, San Miguel de Allende, margarita, Sean Pavone, expats, Alex Ingrim, Chase, Ingrim, it’s, pollsters, they’re, it’s MVV, Arielle Tucker, that’s, auslanders, Andriy Kravchenko, “ Costa, ” David Lesperance, Costa Rica’s, “ Tico, Sebastien Lecocq, Lesperance, he’s, what’s, Emily, ” Tucker, Roth, Tucker, Carte Organizations: CNN, Invest Overseas, Braga, InterNations, Mexico, National Institute of Statistics, Human Rights Watch, Visa, USA, CNN Travel, ”, Spain, International, Travel Association, pollsters Gallup, Michelin, Changi, Cons, United, Costa Rica Costa, Central, Costa, Lesperance, Associates, Panama Panama, Miami of, Panama City, Panama Qualified Investment, Panama Golden Visa, France France Locations: Valencia, Spain, Portugal, Mazatlán, Mexico, United States, Mexico City, Michigan, Mexico Mexico, Plaza Carso, Polanco, North America, —, Oaxaca, San Miguel, Playa, Carmen, InterNations, Portugal Portugal, Porto, Douro, Europe, Lisbon, Western Europe, Madrid, Barcelona, Seville, Bilbao, Catalonia, Catalan, Netherlands, Amsterdam, Statista, Haarlem, Delft, Leiden, Maastricht, Washington, Miami , New York, San Francisco, Germany Germany, Munich, Germany, Berlin, Frankfurt, Stuttgart, Switzerland, Singapore Singapore, Singapore, Asia, Entre, Costa Rica, “, “ Costa Rica, Costa Rican, Panama City, Miami, Miami of Central America, Panama, North, South America, Italy, Venice, Italian, Paris, France, Lyon, Strasbourg

☆ The hidden expense that's sucking $74 billion out of the economy
▼ + stars: | 2023-11-30 | by ( Bartie Scott | ) www.businessinsider.com time to read: +14 min

They said rising costs kept the board from expanding amenities residents wanted, such as a shared composting system. jhorrocks/Getty ImagesRising price for peace of mindIn the constellation of household costs, insurance is often one of the lesser-noticed line items. But recently the rising cost of repairs and the frequency of damaging weather events have made the deal go sour. Rising insurance costs could inflict more pain on another bruised area of the economy: housing affordability. For this reason, insurance companies could decline to cover them or require costly upgrades before agreeing to a policy.

Persons: that'd, Mark Pauly, Tim Quinlan, you'll, Quinlan, it's, Francesco D'Acunto, D'Acunto, Pauly, they've, Nature, John Coletti, That's, Bartie Scott Organizations: Insurance, Research, Bank of America, Global, American, Casualty Insurance Association, University of Pennsylvania's Wharton School of Business, Insurance Information Institute, Georgetown University's McDonough School of Business, Social Security, National Flood Insurance, Business Insider's Locations: Logan, Chicago, Florida, Wells Fargo, California

☆ I missed Beyoncé’s European tour, so I flew 4,600 miles to New Orleans to see her in concert — by myself
▼ + stars: | 2023-10-11 | by ( Lucy Handley | ) www.cnbc.com time to read: +10 min

Afterward, I listened to "Summer Renaissance," Beyoncé's reworking of one of my favorite songs, Donna Summer's 1977 disco hit "I Feel Love," on repeat. Beyoncé's daughter, Blue Ivy, dances, as her mother sings behind her on the London, U.K. leg of the Renaissance World Tour in May 2023. Virgin Hotels New Orleans, where I stayed, is only a half-mile from the Superdome stadium, and was well-prepared to host the many concertgoers who stayed there. Members of Beyoncé's Renaissance World Tour band perform at jazz club Snug Harbor in New Orleans, led by saxophonist Kat Rodriguez (second from right). Caesars Superdome stadium in New Orleans is illuminated by thousands of lights attached to audience members' wristbands during Beyoncé's Renaissance World Tour.

Persons: Beyoncé, Kevin Mazur, WireImage, Alexander McQueen, Roksanda, Roksanda Ilincic, Annie Macmanus, Donna Summer's, Blue Ivy, Beyoncé I've, I've, Redmond —, Honey Dijon, Laveau Contraire, Kat Rodriguez, Lucy Handley, Crystal Torres, Tayler Green, Danny Laurino, John Coletti, Hurricane Katrina, Willa Jean, diamante Organizations: Tottenham Hotspur, Tottenham Hotspur Stadium, Parkwood, London, Caesar's, British Airways, Southbank, Virgin Hotels, Preservation Hall, Bank, Getty, Garden, Uptown, Plantations, New, New Orleans police, Vue Orleans, Caesars Locations: London —, Instagram, London, U.K, British, Amsterdam, New Orleans , Louisiana, YOLO, New Orleans, Orleans, Virgin Hotels New Orleans, Bey, Preservation Hall , New Orleans, Snug, Faubourg Marigny, U.S, Mississippi, Louisiana, Beyoncé's

☆ Floridians are relocating to the center of the state to try to avoid hurricanes — and high insurance premiums
▼ + stars: | 2023-10-08 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

AdvertisementAdvertisementSome Floridians are leaving their coastal homes due to the risk of extreme weather events and increasing insurance premiums —but they aren't going too far. They were happy to move far away from not only the risk of extreme weather events, but also the rising insurance premiums tied to coastal communities. Ocala, Florida John Coletti/Getty ImagesOf course, Ocala is not completely immune to hurricanes, as the Journal noted 2017's Hurricane Irma caused some power outages and flooding. Ocala, Florida Michael Warren/Getty ImagesThe average insurance premiums for Florida residents has tripled in the past five years, according to Insurance Information Institute data collected by the Journal. Danny Collins, who lives in Hobe Sound, Florida, just north of West Palm Beach, previously told Insider his mortgage jumped $1,000 under new insurance premiums.

Persons: —, Courtney Moody, Moody, it's, she's, Ocala , Florida John Coletti, Irma, Jo Anne, Ed Lewis, Bonita Springs . Ocala , Florida Michael Warren, Danny Collins, Bob Stephens Organizations: Ocala, Alpha, Service, Wall Street, Ocala Police Department, Getty, Florida, Insurance, Journal, Farmers Group, West Palm Beach, Dade Locations: Florida, South Florida, Ocala, Orlando, Sunshine, Miami, Ocala , Florida, Bonita Springs, Bonita Springs . Ocala , Florida, Hobe Sound, West Palm, Marathon . Ocala, Marion, Dade County, that's

☆ Invasive fruit flies have forced a 79-square-mile area of LA under quarantine. Residents are advised to not move any fruits or vegetables from their property.
▼ + stars: | 2023-08-01 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

A fruit fly invasion has led to the quarantine of a 79-square-mile region of Los Angeles County. Residents are free to come and go under the quarantine, but their produce is not. But this isn't a quarantine for people, like the COVID restrictions we're all used to — it's a quarantine of fruits and vegetables only. To prevent the flies from spreading, people living in the quarantined area cannot take any fruits or vegetables off their property, the agency advised. People are advised not to remove any produce from their property to avoid spreading the invasive Tau fruit fly.

Persons: John Coletti Organizations: Service, California Department of Food, Agriculture Locations: Los Angeles County, Wall, Silicon, Los Angeles, Asia, Stevenson, Santa Clarita, California

☆ Cyber Insurers Turn Attention to Catastrophic Hacks
▼ + stars: | 2022-11-28 | by ( James Rundle | ) www.wsj.com time to read: +5 min

While cyber insurance has evolved significantly in recent years, insurers say they might still be unprepared for the fallout from a catastrophic cyberattack. “I think it’s important we stress that the insurance industry has not had a catastrophic event,” said John Coletti, head of cyber reinsurance at Swiss Re. “We have hundreds of years of history of understanding that risk,” Mr. Tiernan said. Part of the challenge for modeling cyber catastrophes is that historical data simply doesn’t exist to produce accurate models, Mr. Tiernan said. “We probably need to pay a little more attention to the assumptions that underpin them.”Write to James Rundle at james.rundle@wsj.com

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