News from the South - Florida News Feed
What is the cost of the 2024 Hurricane Season?
SUMMARY: Thanksgiving and Black Friday mark the end of hurricane season, which concluded on November 30th. Tampa Bay experienced significant damage, with ongoing rebuilding efforts following storms like Hurricane Helen, which caused nearly $1.9 billion in losses. Homeowners express relief that the season is over but worry about rising insurance rates. While the Florida property insurance market managed relatively well, claims from this season could lead to increased rates next year, especially for those who filed claims. The impact of this year’s storms, primarily flood-related, may result in adjustments in flood insurance costs as the market stabilizes.
New state data from the Office of Insurance Regulation shows the cost of these storms: Hurricane Debby, Hurricane Helene, and Hurricane Milton.
News from the South - Florida News Feed
EPA says Trump’s big bill should help in its fight to take back billions in green bank funds
SUMMARY: A recent tax and policy bill repeals the Greenhouse Gas Reduction Fund, a multibillion-dollar green bank established by the 2022 Inflation Reduction Act to finance climate projects. The Trump administration, opposing climate-focused policies, argues the bill authorizes freezing funds and canceling grants, seeking to reverse a federal judge’s ruling favoring nonprofits who sued the EPA over withheld funds. Climate United Fund counters that most money has already been disbursed, disputing EPA’s attempts to rescind funds. The EPA frames the dispute as a contract issue, not a constitutional one. Congressional intent emphasizes deficit reduction and criticizes EPA’s oversight under the Biden administration.
The post EPA says Trump’s big bill should help in its fight to take back billions in green bank funds appeared first on www.clickorlando.com
News from the South - Florida News Feed
What to know about Fourth of July holiday origins and traditions
SUMMARY: The Fourth of July commemorates the Declaration of Independence adopted on July 4, 1776, marking America’s separation from Britain. Early celebrations began a year later and expanded after the War of 1812. Fireworks have been central from the start, inspired by John Adams’ vision of “Pomp and Parade” and tracing back to ancient Chinese invention. Presidents have mostly celebrated the holiday, except Adams, who favored July 2, when independence was voted. Fireworks sales surged from $407 million in 2000 to $2.2 billion in 2024, driven by pandemic restrictions on public displays. Despite safety warnings, injuries and deaths from fireworks rose significantly in 2024, urging careful handling to prevent accidents.
The post What to know about Fourth of July holiday origins and traditions appeared first on www.news4jax.com
News from the South - Florida News Feed
Israeli strikes kill 15 in Gaza, while shootings kill 20 people waiting for aid
SUMMARY: Israeli airstrikes killed 15 Palestinians in Gaza early Friday, including eight women and one child. Additionally, 20 people were shot while waiting for aid, with two killed near distribution sites in Rafah and 18 elsewhere in southern Gaza. These killings occurred amid ongoing ceasefire talks, with Hamas discussing a proposal from Egyptian and Qatari mediators. Former President Trump said Israel agreed to a 60-day ceasefire and urged Hamas to accept it. The Gaza Health Ministry reports over 57,000 Palestinians killed since the war began, with more than half women and children. Israeli forces deny targeting civilians intentionally.
The post Israeli strikes kill 15 in Gaza, while shootings kill 20 people waiting for aid appeared first on www.clickorlando.com
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