The two sides are close to a deal that would give workers an interim pay increase to tide them over while management and the UAW negotiate the plant’s first contract, Bloomberg reported.
After Sawgrass Mutual Insurance Co. went under in 2018, Florida regulators were supposed to do a financial autopsy to determine what had gone wrong.
But they didn’t hire forensic accountants to dig into Sawgrass Mutual’s finances, as they had in previous insolvency cases.
And while they ultimately blamed the company’s demise on “mismanagement,” their final report offered few details and little analysis. Unlike some previous reports that ran the length of novels, this one spanned four pages.
“This isn’t an autopsy,” said former state Sen. Jeff Brandes, R-St. Petersburg, who criticized state regulators for moving too slowly on cases last year. “This is just a death certificate.”
A spokesperson for state Chief Financial Officer Jimmy Patronis, one of two officials regulating insurance in Florida, said the report was brief and no forensic accountants were needed because Sawgrass Mutual in 2018 “had no policyholders and very few claims remaining.”
Observers and lawmakers called the sparse report troubling, particularly amid a continuing wave of insolvencies that has contributed to Floridians’ skyrocketing homeowners insurance premiums, the highest in the nation. Sawgrass was the first of 10 homeowners insurance companies to go out of business in the last five years.
Battery-electric vehicle owners reported 4.2 more problems per 100 vehicles than owners of internal combustion vehicles that otherwise have the same technology, suggesting owners are overwhelmed by an assortment of new tech.
The China-focused electric EM90 minivan is a new twist for the automaker that is better known for SUVs and wagons.
Q: We decided to put a shed on our property so we can stop paying for self-storage. We found a shed we liked and even got our association to approve it. When we went to purchase our shed, the store told us we would need a permit, and we had to find a spot for the shed within the setback. We are confused about what to do next. Can you give us some direction? — Cindy
A: Most municipalities require that you get a permit when performing certain repairs or improvements on your property, such as roof repairs, installing an air conditioner, putting up a shed or other structure, or even cutting down a tree.
A permit is what it sounds like — permission from your local government. Besides generating revenue, the permitting process, which involves reviewing your plans and inspecting the work to ensure the building code was adhered to, helps ensure your safety and maintain your community’s character.
Many properties, especially those within planned communities, are subject to “setbacks,” which require structures to be set back a certain distance from the property line. Setbacks, especially when combined with easements, such as those for power and water lines, can make finding a spot to put your shed a challenge. You will need to refer to a land survey to figure things out.