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Month: September 2025

Citizens Insurance seeing fewer lawsuits from South Florida

Citizens Insurance seeing fewer lawsuits from South Florida

The share of lawsuits against Citizens Property Insurance Corp. originating from South Florida has declined sharply.

Lawsuits against the so-called insurer of last resort have declined statewide from 6,251 between January and July of 2021 to 3,600 during the same period this year, according to Citizens research.

The percentage of cases filed in state circuit courts against Citizens from Broward, Palm Beach and Miami-Dade counties declined from 88% in 2020 to 55% during the first seven months of 2025, the research shows.

In addition, the tricounty region was the source of 38% of 1,661 cases sent since 2024 to an arbitration panel that Citizens helps to fund.

And the percentage of notices of intent to litigate against Citizens filed to the Department of Financial Services from the three counties declined from 82% in 2021 to 39% between January and July, Citizens’ figures show.

By comparison, the percentage of lawsuits generated in South Florida remained at about 90% between 2014 and 2022, before the state Legislature enacted reforms in 2022 and 2023 to discourage litigation against insurance companies. read more

NASA selects Blue Origin to take the once-canceled VIPER rover to the moon

NASA selects Blue Origin to take the once-canceled VIPER rover to the moon

An expensive lunar rover that once had its moon trip canceled has a ride once again.

NASA has selected Blue Origin to help get VIPER, the Volatiles Investigating Polar Exploration Rover, to the moon by awarding Jeff Bezos’ company a task order under its Commercial Lunar Payload Services program.

VIPER was once supposed to be the primary payload of Astrobotic’s yet-to-fly Griffin lander with a 2023 launch date for under $200 million. But NASA canceled that mission in 2024 after the costs for both the rover construction and adjustments to the Astrobotic contract ballooned to nearly $800 million and the launch date continued to slip.

But now VIPER is back with a ride on Blue Origin’s Blue Moon Mark 1 robotic lander, which also has yet to fly. NASA’s task order is worth up to $190 million for what would be Blue Origin’s second CLPS contract. The first, also using the MK1 lander is still on the clock to launch to the moon’s south pole with a pair of NASA assets along for the ride later in 2025 on a New Glenn rocket from Cape Canaveral, according to NASA. read more

Trump to sign proclamation imposing $100K fee for H-1B visa applications, White House official says

Trump to sign proclamation imposing $100K fee for H-1B visa applications, White House official says

By BARBARA ORTUTAY and SEUNG MIN KIM, Associated Press

WASHINGTON (AP) — President Donald Trump is preparing to sign a proclamation that will require a $100,000 application fee for H-1B visa applications among other changes to the program for highly skilled foreign workers that has come under scrutiny by the administration, according to a White House official.

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The signing could come as early as Friday, the official said. The official was granted anonymity to speak in advance of the proclamation signing. The proposed proclamation was first reported by Bloomberg News. read more

Florida’s unemployment rate up slightly to 3.8% in August

Florida’s unemployment rate up slightly to 3.8% in August

TALLAHASSEE — Florida’s unemployment rate inched up to 3.8% in August, after holding steady at 3.7% since April, according to a report released Friday by the state Department of Commerce.

The August rate represented 424,000 Floridians qualified as unemployed, up 7,000 from July. The civilian labor force in August of 11.196 million was unchanged from a month earlier. The unemployment rate in August 2024 was 3.4%.

Jimmy Heckman, the Department of Commerce’s chief of workforce statistics and economic research, said last month’s rate increase was tied to people searching for work after entering or reentering the labor force.

“The number of people that say that they’re unemployed because they lost their jobs is actually down as a share of the number of unemployed people in the state,” Heckman said in a conference call with reporters.

He said numbers indicate businesses are hiring at a slower rate.

“We don’t think that the rise in unemployment is a story of people actually losing their jobs,” Heckman said. “A rise in the unemployment rate might mean that it’s taking a slightly longer time for people who are entering the labor force to find a job.” read more

Gen Z’s credit scores are dropping. Here’s what to do if yours is too

Gen Z’s credit scores are dropping. Here’s what to do if yours is too

By ADRIANA MORGA

NEW YORK (AP) — Gen Z has seen its credit scores drop more than any other generation over the past year, largely because of student loan debt, according to a new report out this week.

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The total national average credit score dropped two points this year to 715, according to the report from credit scoring company FICO. But Gen Z’s average score dropped three points to 676, the largest year-over-year decrease among any age group since 2020.

A credit score is a mathematical formula that helps lenders determine how likely you are to pay back a loan. Credit scores are based on your credit history and range from 300 to 850. read more