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☆ Back-to-back Florida hurricanes signal trouble for home insurance prices nationwide
▼ + stars: | 2024-10-12 | by ( Grace Eliza Goodwin | Erin Snodgrass | ) www.businessinsider.com time to read: +9 min

Insurance experts said the back-to-back hurricanes could signal rising insurance rates nationwide. AdvertisementTwo back-to-back hurricanes in Florida in recent weeks will likely raise home insurance rates even higher in a state that is already grappling with prices nearly four times the national average, insurance experts told Business Insider. The compounding financial crises of Hurricane Helene and Hurricane Milton could also point to looming hikes in insurance rates nationwide, the home insurance experts said. They pointed to the recent Florida storms as examples of the increasingly severe and frequent climate catastrophes wreaking havoc on the global insurance market. AdvertisementAn uptick in reinsurance rates in recent years has been a driving force behind climbing insurance rates nationwide, said Kyle Ulrich, president and CEO of the Florida Association of Insurance Agents.

Persons: —, Kyle Ulrich, it's, Hurricane Helene, Hurricane Milton, Jeffrey Schlegelmilch, Oscar Miniet, Miniet, Coral, Milton, Helene, Shahid Hamid, Jeremy Porter, Porter, Hamid, Ulrich, Oscar Seikaly, Penny, Liao Organizations: Service, Florida Association of Insurance, Intercontinental Exchange, CBS News, Columbia Climate School's, Center for Disaster Preparedness, Tampa, Florida International University, Research Center's Laboratory for Insurance, Financial, Economic Research, Allstate, State, Florida Association of Insurance Agents, NSI Insurance, Hurricanes Locations: Florida, Hurricane, California, Illinois, Arkansas, Deltona, Jacksonville, Sarasota, Central Florida, Kentucky, Idaho, London, Bermuda, Japan

☆ I bought a home in Florida for $540,000 and Hurricane Milton is tearing through our neighborhood. We don't have flood insurance, and I know I'm not sleeping tonight.
▼ + stars: | 2024-10-10 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

As Hurricane Milton tears through their neighborhood, she's now hunkering down in her new home. Schwartz said she could not sleep with the strong wind and trees falling over on her street. I don't know if something's slammed into the door or the side of the house. I'm shocked that we haven't because many friends and family members say they don't have power. AdvertisementAnd I know I'm not sleeping tonight.

Persons: Natalie Schwartz, Milton, Schwartz, —, I've, something's, Helene Organizations: Service, Hurricane Locations: Wesley Chapel , Florida, she's, Tampa's, Hurricane Milton

☆ Tampa Bay's main hospital is built on a low-lying island. Hurricane Milton could push its defenses to the limits.
▼ + stars: | 2024-10-09 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

Tampa General Hospital is bracing itself for Hurricane Milton with an AquaFence flood barrier. AdvertisementAs Hurricane Milton approaches Florida's central-west coast, Tampa General Hospital, located on a low-lying man-made island, is bracing for disaster, and is preparing to put its flood defenses to the test. Although the fence was successful in protecting the hospital from Hurricane Helene a couple of weeks ago, Hurricane Milton may prove more challenging. A previous disaster-planning project, modeled after a fictional "Hurricane Phoenix" that was more devastating than Milton is expected to be, highlighted Tampa General Hospital's vulnerabilities. Tampa General Hospital did not immediately respond to a request for comment from Business Insider.

Persons: Milton, —, Hurricane Helene, Hurricane Milton, Tampa's, Jane Castor, Castor, Jennifer Crabtree, Crabtree, Erinn, Skiba Organizations: Tampa General, Hurricane Milton, Service, Tampa General Hospital, National Hurricane Center, Tampa Bay Times, Bloomberg, Business, Tampa Bay Business, Florida Office, Insurance Locations: Tampa, Florida's, Hurricane, Davis, Tampa Bay, Hillsborough, Hurricane Milton, Florida

☆ Hurricane Helene cleanup crews are scrambling in Florida — but time is running out. That makes Milton more dangerous.
▼ + stars: | 2024-10-09 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +5 min

Leftover debris from Hurricane Helene could make incoming Hurricane Milton even more dangerous. Milton is expected to make landfall in Florida on Wednesday, the second major storm in two weeks. The region has been scrambling to pick up as much debris as possible before it's too late. AdvertisementLess than two weeks after Hurricane Helene devastated parts of Florida, another major storm is bearing down on the region — and there's a scramble to clean up before it gets there. That creates a compounding effect that makes everything more expensive — and more dangerous, Schlegelmilch said.

Persons: Hurricane Helene, Milton, —, Helene, Milton —, Ron DeSantis, Nick Friedman, they've, Friedman, DeSantis, Marla Spence, Howell, — that's, it's, It's, Jeffrey Schlegelmilch, Schlegelmilch Organizations: Service, Tampa, National Oceanic, Administration, Tampa Bay Times, National Hurricane Center, state's Department of Transportation, Environmental Program Management, Milton, National Center for Disaster Preparedness, Columbia Climate School Locations: Hurricane, Florida, Tampa, Helene, Tampa Bay

☆ Video shows a stray alligator swimming near Florida's flooded streets after Hurricane Helene displaced it
▼ + stars: | 2024-10-04 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

Hurricane Helene displaced alligators, turtles, and other wildlife in Florida. AdvertisementFlorida's alligators, turtles, and even sharks are finding themselves in new territory in the wake of Hurricane Helene. While people should be cautious, Claerbout said the FWC hasn't received any reports of alligator bites since Helene made landfall. However, ahead of Hurricane Helene, one Florida gator strolled around the Lakeland neighborhood, northeast of Tampa, and "got bold" enough to walk up to a house's front door, The Miami Herald reported. Alligators weren't the only wildlife affected by Hurricane Helene's floodsAfter Hurricane Helene, a manatee was stranded at MacDill Air Force Base, and the Fish and Wildlife rescuers helped relocate it.

Persons: —, Hurricane Helene, Commission's Lauren Claerbout, Ian, Shannon Stapleton, Claerbout, hasn't, Helene, Scott Tummond, Hurricane Harvey, Rick Wilking, University of Florida's Justin R, Dalaba, Frank J, Mazzotti, it's, Calerbout, Susannah Cogburn, NBC2, Cogburn, FWC Organizations: Service, Collier County Sheriff's, ABC, and, REUTERS, gators, University of Florida, gator, University of Florida's, Florida gator, Miami Herald, MacDill Air Force Base, Florida Fish, Water School, Florida Gulf Coast University Locations: Florida ., Hurricane, Collier County, San Marco, Southwest Florida, Florida, Punta Gorda , Florida, backyards, Taylor, Levy, Seadrift , Texas, Lakeland, Tampa, Park

☆ Photos show flooding and destruction as Hurricane Helene slams Florida, leaving over 3 million homes and businesses without power
▼ + stars: | 2024-09-27 | by ( Lian Kit Wee | Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Over a million homes and businesses were left without power in Florida. A store owner in Tarpon Springs, Florida, fortifying a window with plywood in preparation for Hurricane Helene Joe Raedle/Getty ImagesAround 1.2 million homes and businesses in Florida lost power, according to poweroutage.us, a utilities-tracking website. ET on Friday, more than 3 million customers across Georgia, North Carolina, South Carolina, Florida, and Virginia were without power, per the site. Many schools, such as those in Broward and Monroe Counties, and universities like the University of Florida and Florida State University, canceled classes through Friday. Businesses across Florida, including Tampa's city offices, closed as well, with plans to reopen once it is safe, CBS News reported Thursday.

Persons: Hurricane Helene Joe Raedle Organizations: Hurricane, Tampa International, St, Pete, Fort, CBS News, Monroe Counties, University of Florida, Florida State University, CBS Locations: Florida, Tarpon Springs , Florida, Georgia, North Carolina, South Carolina , Florida, Virginia, Clearwater, Miami, Fort Lauderdale, Broward, Monroe

☆ A Florida man returned from Europe with a $143,000 phone bill after failing to set up international roaming
▼ + stars: | 2024-04-19 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

A Florida man received a $143,000 phone bill from T-Mobile after an overseas trip to Switzerland. The charges were due to his phone not being set for international roaming, according to ABC Action News. AdvertisementA Florida man returned from a trip to Switzerland with his wife last September to discover he was facing an unexpectedly massive phone bill, Tampa's ABC Action News reported. AdvertisementRemund had incurred thousands of dollars in daily roaming charges because his phone was not set up for international roaming, the report said. Related storiesRemund said he contacted T-Mobile, which confirmed the bill was indeed what he owed, per ABC Action News.

Persons: —, Rene Remund, Remund Organizations: Mobile, ABC Action, Service, ABC, Forbes, Federal Communications Commission, Ericsson, North Locations: Florida, Switzerland

Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy. Polls consistently show that most Americans disapprove of Biden's handling of the economy. I hear that from my family.”That's particularly true for some of the goods and services that Americans pay for most frequently: Bread, beef and other groceries, apartment rents and utilities. “Partly because the country is more polarized.”Even so, many Americans, like Charles, are still feeling the pain of inflation. Even if it does, the higher pay may come with a time lag.

Persons: they’re, Joe Biden, Lisa Cook, Cook, ”, Wendy Edelberg, Katherine Charles, Charles, “, ” Charles, Maximus, Eileen Cassidy Rivera, ” Rivera, Karen Dynan, George W, Bush, Obama, Edelberg, ” Edelberg, haven't, Brad Hershbein, Anthony Murphy, Murphy, Aparna Jayashankar, ” Hershbein Organizations: WASHINGTON, Associated Press, NORC, for Public Affairs Research, Federal Reserve's Board of Governors, Duke University, “, Brookings Institution, Medicare, Affordable, Teamsters, Biden, House, Republicans, University of Michigan's, Harvard, Upjohn Institute, Federal Reserve Bank of Dallas Locations: U.S, Tampa , Florida, autoworkers, ”

Balkovec will wrap her second season as the Single-A Tampa manager in the New York Yankees' system this week. “It’s been a whirlwind, yeah,” Balkovec said in the manager’s office at Steinbrenner Field that Yankees skipper Aaron Boone uses during spring training. "I had somebody ask me at the beginning of the year if I’m a player’s manager, and I thought for a second and I said ‘No, I’m not,'" Balkovec said. “You just have a much broader view than just being one type of coach, one specific position coach.”Tampa's season ends Sunday, and like most minor league managers, coaches and players, Balkovec doesn't know what her assignment will be next season. “It’s kind of full circle, and I’ll feel emotional about that I’m sure,” Balkovec said.

Persons: — Rachel Balkovec, Joker, “ It’s, ” Balkovec, Aaron Boone, it’s, I’ve, I’m, Balkovec, “, “ I’ve, hasn’t, ”, ___ Organizations: New York Yankees, Major League Baseball, Steinbrenner, Yankees Locations: TAMPA, Fla, Tampa, Lakeland , Florida

☆ Inside Tampa's plan to build more affordable housing as the city's popularity explodes
▼ + stars: | 2023-08-24 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +5 min

Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Those worries are pushing the city to look for ways to get developers to build more housing — including affordable units, Tampa Mayor Jane Castor told Insider. In order to ease the hardships that some residents are facing, Castor said the city is incentivizing developers to increase housing supply generally. An influx of residents has helped drive up housing prices Tampa. Typically, such arrangements let builders move ahead with projects if development plans include affordable or workforce housing.

Persons: Jane Castor, somethings, Castor, it's, Walter Bibikow Organizations: Service, Tampa, Getty Images Locations: Tampa, Florida, Wall, Silicon, Austin , Texas, San Francisco, Rent.com, Clearwater Beach, Ixefra, Getty Images Tampa

☆ Welcome to the rabbit hole of agony aunt-killer subreddits, where users discuss money, love, and villainy
▼ + stars: | 2023-08-23 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +6 min

Today, Reddit's subreddits take center stage. But these advice subreddits might not be so different from the agony aunt advice columns of yesteryear. But beyond them is a funky constellation of subreddits where users come to pour out their innermost thoughts and burning questions. The poster wrote, "I feel like even at 28, no matter how hard I try to fit in and be nice, I somehow mess it up." AdvertisementAdvertisementTo be sure, Reddit's public advice columns are not without their detractors.

Persons: Abby, Dan Savage, Reddit's, —, Redditors, University of Tampa's David Gudelunas, Dorothy Dix, Ann Landers, Gudelunas Organizations: Morning, University of Tampa's Locations: London

☆ Blue Jays end Rays perfect start to season with 6-3 win
▼ + stars: | 2023-04-15 | by ( Steve Keating | ) www.reuters.com time to read: +2 min

[1/5] Apr 14, 2023; Toronto, Ontario, CAN; Toronto Blue Jays relief pitcher Jordan Romano (68) prepares to throw out Tampa Bay Rays catcher Christian Bethancourt (14) for the final out in the ninth inning in a 6-3 Blue Jays win at Rogers Centre. Mandatory Credit: Dan Hamilton-USA TODAY SportsTORONTO, April 14 (Reuters) - The Tampa Bay Rays perfect start to the season came to an ugly end with a 6-3 loss to the Toronto Blue Jays on Friday as the 1884 St. Louis Maroons all-time record remained out of reach. But Tampa's record chase was undone in a horrific fifth inning that saw the Blue Jays bust open a tight 2-1 contest scoring four runs with much of the Tampa Bay damage self-inflicted. "Everything just didn't go our way that inning," Rays manager Kevin Cash told reporters. The Rays were playing from the back foot from the very start with Rasmussen serving up a solo home run to Jays leadoff man George Springer.

The Tampa Police Department announced it had terminated an officer Tuesday following an internal investigation into a video where he was seen dragging a woman into jail. Interim Tampa Police Chief Lee Bercaw said Damon's actions were "unacceptable and are not tolerated at this department." Supervisors at the Hillsborough County Sheriff’s Office, the agency which manages the jail, referred Damon's actions to Tampa Police's standards bureau. Tampa Police Department had revised its protocols in 2013 following a similar incident with uncooperative prisoners. Damon's termination comes after two other incidents of police misconduct at the Tampa Police Department in recent weeks.

The police chief of Tampa, Florida who flashed her badge to get out of a stop for traveling in a golf cart without a license plate has resigned, according to a statement published on Monday. O’Connor, who was appointed police chief in February, was a passenger in a golf cart driven by her husband that night, police said in a statement. Tampa Police Chief Mary O’Connor in a golf cart driven by her husband in Oldsmar, northwest of Tampa, Fla., on Nov. 12, 2022. Public trust in Tampa’s police department is paramount to our success as a city and community," Castor said. Assistant Chief Lee Bercaw will take over as acting chief "while a comprehensive national search is conducted," according to the statement.

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