As Election Day approaches, the possibility of an “October Surprise” looms large. This year, that surprise could come from a highly unexpected source: the docks of America’s East Coast and Gulf Coast ports. The International Longshoremen’s Association (ILA), representing more than 85,000 dockworkers, is threatening to strike unless an agreement is reached with the United…
Florida’s Citizens Property Insurance Corporation appears to be in a strong position to handle the financial strain from Hurricane Helene, with early estimates placing insured losses between $3 billion and $5 billion. As the state-run insurer of last resort, Citizens has grown substantially in recent years, now covering over 1.3 million policies due to the…
As private insurance companies pull out of high-risk areas across the United States, the growing crisis in home insurance is becoming impossible to ignore. California, one of the nation’s largest markets, is a stark example of this trend. State Farm, the largest home insurer in the state, has issued a grim warning: without significant premium…
Governor Gavin Newsom signed two significant pieces of legislation today aimed at protecting the financial well-being of children and teenagers featured in online content. The new laws, AB 1880 (Alanis) and SB 764 (Padilla), are designed to prevent financial abuse in the digital entertainment industry, particularly for child influencers. These measures have been championed by…
Florida Governor Ron DeSantis recently signed Senate Bill 92 into law, introducing changes to the state’s Yacht and Ship Brokers’ Act. One of the most debated provisions is the requirement that applicants for a broker’s license furnish proof of “good moral character.” The law, which goes into effect in October 2024, raises significant concerns about…
As Florida braces for another potential storm this hurricane season, all eyes are now on Potential Tropical Cyclone Nine. Currently positioned over the northwestern Caribbean Sea, the system is expected to strengthen into a tropical cyclone within the next 24 hours, with landfall along the northeastern Gulf Coast likely by Thursday. The forecast of rapid…
On Sunday, September 22, California Governor Gavin Newsom signed SB 1053, a landmark bill that will ban plastic grocery bags across the state starting January 1, 2026. This move is part of California’s ongoing effort to reduce plastic waste and pollution, but it comes with financial implications for consumers. As plastic bags are phased out,…
A new Florida law set to take effect on October 1, 2024, will make it illegal to sleep or camp on public property without special permission from the state. The law, known as HB 1365, prohibits counties and cities from allowing people to sleep or camp in public spaces unless they receive certification from the…
In a surprising pivot, Donald Trump is now advocating for a credit card interest rate cap that goes beyond even the most progressive proposals from Bernie Sanders—despite not supporting Sanders’ plan during his presidency. At a campaign rally in New York, Trump announced his backing for a temporary cap on credit card interest rates at…
The political landscape in Texas is undergoing a significant transformation, and much of it can be traced back to policies enacted in California. Over the past few years, a substantial number of companies and workers have relocated from California to Texas, largely in response to Governor Gavin Newsom’s progressive tax agenda, which many businesses find…
