Citizens Property Insurance has taken steps to reduce claims abuses through policy revisions limiting emergency repairs to $3,000 or 1 percent of coverage without prior approval, and barring permanent repairs in most cases until 72 hours after a loss has been reported to Citizens. Repair coverage is now limited to only the damaged part of a system.
The Miami biopharmaceutical company is buying Transition Therapeutics. The all-stock transaction was valued at about $60 million, or $1.55 per Transition Therapeutics share. The acquisition will give OPKO access to two drugs in the later stages of development
The July 9 arrival of MOL Majesty, a post-Panamax vessel, marks the completion of port and infrastructure projects across Florida aimed at increasing the state’s share of carog business and international trade.
In the aftermath of terrorist attacks in Turkey, South Floridians will find somewhat tighter security as they travel for the July 4 weekend. While flights to Istanbul have resumed, the few cruise lines still calling in the city are rethinking itineraries.
Over a span of more than five years, staff members of a Northeast Miami-Dade nursing home managed to bilk a former client out of more than $2 million, an attorney representing the man’s son claimed in a lawsuit recently filed in Miami-Dade Circuit Court.
Royal Caribbean International and Miami Dade County have forged a deal to build the one of the country’s largest cruise terminals at PortMiami and bring the cruise line’s gigantic ships to Miami. The county commission will vote on the deal July 6.
The latest data for the S&P/Case-Shiller Home Prices Indices released Tuesday showed an increase of 6.4 percent in Miami home prices in April 2016 over the same month last year. But the numbers don’t tell the full story.
Lightstone Group bought contiguous properties from 915 to 955 Washington Ave. in Miami Beach. Two of the properties include plans for a new hotel. The sites are part of an area of Washington under redevelopment.
Google Fiber is buying Webpass, which services condos and apartment buildings in the Miami area. In the nationwide race for high-speed internet buildout, Google Fiber was seeking new ways to expand; the acquisition is expected to be completed this summer
Jim Harter, an author and Gallup executive, has studied workplace issues for over 30 years. One of his insights: Talented employees want great managers. When organizations get ‘engagement’ right, they improve company performance, Harter says.
Gov. Jerry Brown signed six stringent gun-control measures Friday that will require people to turn in high-capacity magazines and mandate background checks for ammunition sales, as California Democrats seek to strengthen gun laws that are already among the strictest in the nation.