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Property, car insurance premium rollbacks could bring relief in Florida | Florida

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www.thecentersquare.com – By Steve Wilson | The Center Square – 2025-02-05 15:14:00

SUMMARY: Florida announced property and car insurance rate rollbacks aimed at easing the state’s insurance market. Citizens, the state’s insurer of last resort, revealed that 73% of Miami-Dade homeowners will see a 6.3% average decrease in premiums. In Broward County, 52% will receive a 4.5% reduction. Geico, Progressive, and State Farm are also reducing auto insurance rates. Governor DeSantis highlighted the entry of 11 new carriers into the market, which helps lower costs. Additionally, reforms have reduced litigation rates by 30%, and the state is offering credits for storm-resistant upgrades to further decrease premiums.

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Second employee dies after shooting at Ohio cosmetics warehouse and the suspect will be in court

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www.clickorlando.com – Associated Press – 2025-02-06 06:32:00

SUMMARY: A second employee has died following a shooting at a warehouse in New Albany, Ohio, where four others remain hospitalized. The accused shooter, 28-year-old Bruce Reginald Foster III, is due in court after being charged with aggravated murder. Although he spoke to investigators, police described him as not fully cooperative. Foster escaped the scene in a rideshare before being arrested the next day in Columbus, where he had to be subdued with a stun gun. About 150 employees were evacuated during the incident, with no prior reports of conflict involving Foster at work.

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Bank of England expected to cut key UK interest rate to 4.50%

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www.news4jax.com – Pan Pylas, Associated Press – 2025-02-06 00:21:00

SUMMARY: The Bank of England is expected to cut interest rates for the third time in six months, lowering them to 4.50% despite inflation remaining above target at 2.5%. Economists anticipate this move due to a stagnating economy and declining employment, making immediate action necessary. While inflation is projected to rise due to new business tax increases, it is expected to trend lower towards the 2% target over time. This decision reflects broader trends as central banks, including the U.S. Federal Reserve, begin to cut rates following a decrease in inflation from multidecade highs.

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Google scraps its diversity hiring goals as it complies with Trump’s new government contractor rules

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www.clickorlando.com – Michael Liedtke, Associated Press – 2025-02-05 18:25:00

SUMMARY: Google is discontinuing some of its diversity hiring targets, following a trend among U.S. companies scaling back diversity, equity, and inclusion (DEI) initiatives. This change, communicated to employees, aligns with an executive order from President Trump targeting federal contractors’ DEI programs. Google’s parent company, Alphabet, also adjusted its annual report language, removing commitments to DEI, and noted ongoing evaluations due to recent court decisions. Despite prior efforts to increase representation, Google has seen limited progress in diversity within its leadership, with Black and Latino leaders remaining underrepresented. Other major companies have similarly revised their DEI commitments.

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