AGP Executive Report
Last update: 7 hours agoProperty Insurance: The Florida Supreme Court ruled that a 2021 notice requirement cannot block lawsuits over older claims. State officials are also investigating policy clauses that may penalize homeowners for hiring public adjusters. Public Funds: Kissimmee Mayor Jackie Espinosa was released on $70,000 bond after her arrest over allegations that she directed $50,000 in COVID-relief grants to family businesses. Banking: Miami-based USCB Financial reported its highest quarterly net income since its 2021 IPO, with loans up 9% year over year. A Michigan credit union also plans to acquire Sarasota-based Gulfside Bank, expanding its Florida footprint. Small-Business Finance: Florida approved more than $4.5 million in emergency bridge loans for over 60 businesses hit by Hurricane Isaias. Infrastructure Investment: Chesapeake Utilities’ proposed $1.2 billion natural-gas pipeline from Palm Beach to Miami-Dade is backed by commitments from investment-grade shippers, with service targeted for 2030.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.