SUMMARY: Asian markets rose on Friday, ignoring declines in Wall Street, with significant gains in China spurred by directives for state-run banks to enhance consumer spending. Hong Kong’s benchmark surged 2.5%, while the Shanghai Composite increased 1.9%. In Japan, the Nikkei 225 climbed 0.9%. Meanwhile, Wall Street experienced a sell-off as President Trump’s trade war escalated, marked by a 1.4% drop in the S&P 500 and a 1.3% fall in the Dow. Despite mixed economic signals, such as mild inflation and steady job applications, stocks related to AI faced increased pressure. Oil prices and U.S. dollar values rose slightly.

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SUMMARY: A second man, 23-year-old Daddy Esquire III, has been charged in the death of 3-year-old Ryo Yansy, who was shot last summer while going down a slide at a Fort Lauderdale park. Tyler Hollands, 20, was charged with first-degree murder earlier. Investigators believe the shooting was part of a drive-by incident involving two cars. While the family is grateful for the arrests, they remain heartbroken and seek justice. Authorities are still searching for other suspects involved and are offering a reward of up to $110,000 for information leading to further arrests.

CBS News Miami’s Anna McAllister has the latest on the arrest and how the family is still dealing with heartache eight months after the fatal shooting.

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SUMMARY: In Florida, a House panel has advanced a bill (HB 1551) to revise a 2022 law limiting homeowner attorney fees against insurers, sparking debate on legal rights in claim disputes. Supporters argue the existing law favors insurers too heavily, making it difficult for homeowners to contest wrongful claim denials. Rep. Michele Rayner emphasized the need to prioritize consumer protection. However, opponents, including various industry representatives, claim the law has stabilized the market and low rate increases. The proposed bill would implement a “loser pays” system, shifting attorney costs to the losing party, and is facing varying levels of support among lawmakers.

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The post Who pays attorney fees in a property insurance lawsuit? Florida bill shifts the burden again appeared first on www.clickorlando.com