For a second straight year, Florida Gov. Ron DeSantis said Citizens Property Insurance Corp. has been ordered to roll back its rate requests, reflecting what the governor insists is an increasingly favorable insurance market for beleaguered Florida policyholders.
A month after the state-owned company’s Board of Governors voted to ask regulators to approve a 2.6% statewide average rate cut, DeSantis called a news conference to announce that the Florida Office of Insurance Regulation had increased the cut to 8.7%.
More than 150,000 of about 400,000 customers of the state’s insurer of last resort would see their rates cut by more than 10%, DeSantis said. Citizens’ new rates would take effect on June 1.
Last February, DeSantis announced that insurance regulators had agreed to raise rates by much less than the 14% requested by Citizens’ governors.
During Monday’s news conference at Broward College’s Davie campus, DeSantis said that Citizens’ recent recommended cuts — the first cuts in a decade — were “milquetoast.”read more
Allegiant to buy Sun Country Airlines in $1.5 billion deal
Allegiant Travel said that it plans to buy Sun Country Airlines in a $1.5 billion deal.
The combination of the two small, budget airlines comes as low-cost carriers have struggled with high costs and competition in recent years, putting pressure on some to seek out growth and scale through mergers.
Allegiant and Sun Country generally focus on providing cheap flights to people traveling for fun or to visit friends and family. Together, they expect to serve almost 175 cities in the U.S. and other nearby countries.
Sun Country, which flies out of Orlando International Airport, offers flights from the City Beautiful to destinations including Anchorage, Alaska; Boise, Idaho; Chicago; Denver; Las Vegas; Phoenix; Philadelphia; St. Maarten and the U.S. Virgin Islands via its hubs in Minneapolis/St. Paul and Milwaukee.
Allegiant, which flies out of both OIA and Orlando Sanford International Airport, offers flights from Central Florida to places like Albany, N.Y.; Allentown, Pa.; Asheville, N.C.; Cincinnati; Pittsburgh; Provo, Utah; and Wichita, Kans.read more
Offshore wind developer prevails in court as Trump says the US ‘will not approve any windmills’
A federal judge ruled Monday that work on a major offshore wind farm for Rhode Island and Connecticut can resume, handing the industry at least a temporary victory as President Donald Trump seeks to shut it down.
At the U.S. District Court for the District of Columbia, Senior Judge Royce Lamberth said the government did not explain why it could not take action short of a complete stop to construction on Revolution Wind while it considers ways to mitigate its national security concerns. He said it also did not provide sufficient reasoning for its change in position.
Revolution Wind has received all of its federal permits and is nearly 90% complete to provide power for Rhode Island and Connecticut.
FILE – The logo for the Danish company Orsted is displayed on the exterior of the Avedore Power Station in Hvidovre, Copenhagen, Aug. 19, 2025. (Sebastian Elias Uth/Ritzau Scanpix via AP)
FILE – A sign for the company Equinor is displayed on Oct. 28, 2020, in Fornebu, Norway. (Håkon Mosvold Larsen/NTB Scanpix via AP, File)
FILE – Wind turbine bases, generators and blades sit at The Portsmouth Marine terminal that is the staging area for Dominion Energy Virginia, which is developing Coastal Virginia Offshore Wind, Dec. 22, 2025, in Portsmouth, Va. (AP Photo/Steve Helber, File)
FILE – Wind turbine bases, generators and blades sit along with support ships at The Portsmouth Marine terminal that is the staging area for Dominion Energy Virginia, which is developing Coastal Virginia Offshore Wind, Dec. 22, 2025, in Portsmouth, Va. (AP Photo/Steve Helber, File)
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FILE – The logo for the Danish company Orsted is displayed on the exterior of the Avedore Power Station in Hvidovre, Copenhagen, Aug. 19, 2025. (Sebastian Elias Uth/Ritzau Scanpix via AP)
Danish energy company Orsted, Norwegian company Equinor, and Dominion Energy Virginia each sued to ask the courts to vacate and set aside the administration’s Dec. 22 order to freeze five big projects on the East Coast over national security concerns. Orsted’s hearing was first on its Revolution Wind project. Orsted said it will soon resume construction to deliver affordable, reliable power to the Northeast.read more
A taste of nature can provide balance and calm during the workday
NEW YORK (AP) — The crisp crinkle of fallen leaves beneath your feet. The swish and trickle of water moving through a stream. A breath of crisp, fresh air.
Spending time in nature can be invigorating or produce feelings of peace and calm. But many professions allow little time or access to the outdoors during the workday.
After a youth spent climbing trees and playing soccer, Anna Rose Smith found it difficult when her first job as a psychotherapist in Utah required working in a windowless office.read more
Trump’s legal attack on Powell underscores his aim for full control over Fed
WASHINGTON (AP) — The Department of Justice’s threat to criminally indict Federal Reserve Chair Jerome Powell has set up a tense showdown between the White House and the U.S. central bank, with Powell saying the subpoenas that arrived on Friday are intended to force him to follow President Donald Trump’s orders.
The subpoenas apply to the cost of renovating Fed buildings, including its marble-clad headquarters in Washington, DC, but they are more fundamentally about the fate of the Fed’s independence, how power is distributed within the federal government, and how it will effect the U.S. economy.read more