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Amid reports about eye-popping insurance executive pay and undercapitalized new insurance companies, leaders of the state-run insurer are raising an alarm about the potential of a new cycle of insurers going under — again.The Citizens Property Insurance Corp. met June 25, shortly after revelations that two executives of the 3-year-old, Tampa-based Slide Insurance — one of the companies now collecting premiums from former Citizens’ policyholders — were paid $50 million in their first two full years running the business.'Grotesque': Husband-wife insurance execs earn more than $50 million in 2 yearsCharles...

Cryptocurrency, like bitcoin, has evolved from a niche payment system in 2009 to a popular investment option today.Bitcoin and other cryptocurrencies are digital currencies bought and sold without traditional banks. “Crypto, and bitcoin in particular, was really started as a payment system that was intended for people just to go shopping with,” said David Yermack, a finance professor at NYU Stern School of Business. “It has morphed into an investment.” Bitcoin can be purchased through cryptocurrency exchanges, stockbrokers, ATMs, exchange-traded funds, money transfer apps and wallet software. It can also...

The problem: Reducing or getting rid of property taxes would eliminate dollars local governments rely on for needed services.How well will the Florida Legislature work with Gov. Ron DeSantis?FLORIDA TODAY's John Torres discusses the 2025 legislative session with reporters James Call and John Kennedy in this excerpt fro the Florida Pulse.Florida lawmakers excluded property tax cuts from the recently approved state budget and tax package.House and Senate leaders plan to study the potential impact of property tax reductions on local governments before considering further action.While a potential property tax cut...

After a turbulent week of sell-offs, Ripple (XRP) experienced a tremendous daily trading volume explosion to $2.5 billion. This explosive 45% jump in trading activity signals a powerful resurgence of investor interest, which could push XRP price to new highs. It comes at a time when investors are seeking new coins with massive upsides and Remittix (RTX), a cutting-edge payment solution, fits the bill. Crypto experts believe RTX can mirror XRP’s early trajectory or even surpass the crypto bigwig. This article explains why.Remittix: A new crypto payments sensationRemittix solves crypto’s most...

Upgrades will bring new snow-making equipment and a new conveyor system to Nutt Hill.PLYMOUTH – A groundbreaking ceremony for a winter recreation park that has been closed for more than a decade will be held mid-June.  The ceremony at noon June 19 at Nutt Hill, 750 W. Main St., will kick off forthcoming upgrades before it opens for the winter 2025 season.The park will undergo nearly $2.3 million in investments from Cheese Capital Winter Park, introducing a new vision along with new buildings, snow-making and grooming equipment, and a conveyor...

Crypto enthusiasts will be watching the stock market Thursday as the US-based issuer of one of most popular cryptocurrencies makes its debut on the New York Stock Exchange.Circle Internet Group issues USDC, a stablecoin that can be traded at a one-to-one ratio for US dollars, and EURC, which can similarly be traded for euros.Stablecoins are a fast-growing corner of the cryptocurrency industry that offer a buffer against volatility because they are pegged to real-world assets, like US dollars or gold. That makes them a much more reliable means of conducting...

Habitat for Humanity of Collier County progresses on new Naples communityScenes from Habitat for Humanity of Collier County's Majestic Place community. When construction is complete, it will have 109 single-family homes.Collier County's preliminary property values increased by roughly 3% to $229.3 billion in 2025.Taxable property values saw a larger increase of 8.2%, reaching $164.5 billion, largely due to new construction.While market value growth slowed, new construction added $4.18 billion to the tax rolls.The final tax roll will be submitted to the state on July 1st, with TRIM notices sent to...

TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the May 2025 distribution rate for Purpose Global Bond Fund - ETF Units. The May 2025 distribution for Purpose Global Bond Fund - ETF Units will be paid in June 2025. The following table reflects the final distribution amount for the May 2025 distribution for Purpose Global Bond Fund - ETF Units. Ex-distribution date for the May 2025 distribution is June 3, 2025.Open-End Fund Ticker SymbolFinal distributionper unitRecord DatePayable DateDistribution Get the latest news delivered to...