Economy

Pump prices are already below what drivers paid during last year's holidays.

The average price dropped 12 cents last week, and some locations are seeing gas below $3 a gallon.

The six-month hurricane season will end Nov. 30. While the early part of the season was relatively quiet, the Category 4 Hurricane Ian devastated parts of Southwest Florida and swept across the state at the end of September. State officials are looking at potential changes after Florida got hit by its deadliest storm in nearly nine decades.

As Florida lawmakers try to stabilize the troubled property-insurance system next month, they could face worsening problems with reinsurance, a critical part of the system.

The Florida statute governing rent control originated from an initial court battle between the city of Miami Beach and real-estate tycoons in the 1970s.

Of the top five issues brought up, 52% of the people surveyed listed inflation as the top one impacting their vote, with 48% bringing up the economy and jobs.

Florida Power & Light filed a petition at the state Public Service Commission that detailed expected costs in 2023. If the commission approves the proposal, it would result in higher monthly bills in 2023.

Florida’s first “tool time” sales-tax holiday will allow shoppers to avoid paying sales taxes on numerous home-repair and construction items from Saturday through September 9th.

Florida’s unemployment rate dipped to 2.7% in July, matching the level before the COVID-19 pandemic slammed into the economy in early 2020.

Insurance Commissioner David Altmaier and state Chief Financial Officer Jimmy Patronis questioned the ratings agency, Demotech, Inc., and warned that such widespread downgrades could affect homeowners across the state.