The journey to preserve Babcock Ranch took another significant step to completion with Governor Jeb Bush signing the "Babcock Ranch Preservation Act" into law. The acquisition is the largest and most expensive single parcel in the state's very successful history of purchasing land for conservation, recreation, and wildlife corridors.
The acquisition of 74,000 acres of the 92,000 acre ranch
will provide a significant piece in the creation of a nature corridor from
the east to west coast of south Florida. This corridor will provide critical
habitat for the Florida panther, black bear and the scrub jay.
JUDGE UPHOLDS GALLAGHER’S PLAN TO SMOOTHLY TRANSITION POE
Tom Gallagher, Florida’s chief financial officer, said that a judge reaffirmed her approval of the Department of Financial Services’ plan to protect and to smoothly transition nearly 330,000 policyholders with Atlantic Preferred, Southern Family and Florida Preferred insurance companies to Citizens Property Insurance Corporation on July 1. The three insurers are subsidiaries of the Tampa-based Poe Financial Group.
“We remain focused on protecting policyholders and ensuring they have continuous coverage this hurricane season,” Gallagher said. “Tropical Storm Alberto was an important reminder of the need to protect our homes and our families, and our transition plan was developed with this in mind.”
At a hearing in Tallahassee, Leon County Circuit Judge Janet Ferris heard a recent emergency motion filed by Poe officials regarding the three insurers they formerly managed. Filed last week, Poe’s motion alleged the department’s transition plan should have required Citizens to use Poe’s affiliates – Poe & Associates, Poe Managers, and Mariah – and pay fees to service policies being assumed by Citizens. CONTINUED
STAND DOWN FOR FIRE SAFETY THIS WEEK
Please join thousands of fire departments across Florida, the United States and Canada for the 2006 International Fire Fighter Safety Stand Down. Starting on June 21, and continuing until all members have participated, the stand down will suspend all non-emergency activity to focus on fire fighter safety.
Departments will respond to all emergency calls as normal but between calls fire fighters, officers and chiefs will take the time to conduct safety training and drills, review our safety-related standard operating procedures, discuss accident reports and have open conversations about fire fighter safety in the department. The focus of the stand down is on emergency vehicle safety—in particular, on seatbelt use and driving safely through intersections.
“The State Fire Marshal is committed to serving the residents of Florida. Keeping our fire fighters safe and healthy helps us respond effectively to keep our community protected,” said Tom Gallagher. “While fire fighter safety is always a priority, the Stand Down is an opportunity to dedicate a significant amount of time to the safety of our personnel.” CONTINUED
BUSINESS INTERRUPTION INSURANCE IS VITAL TO
In today’s global economy, a business owner needs to know what can happen to all the hard work if the business is not correctly insured against the destructive force of a natural disaster such as a fire, tornado or hurricane. If the business does not reopen soon after a disaster, customers cab be lost to a competitor across town or to others halfway around the world. Skilled employees might have to leave to gain employment elsewhere. A fast resumption of business after a disaster is essential to the owner, the employees and the local economy. There is an applicable saying that a community does not recover from a disaster until local businesses recover.
While most business have insurance to cover their buildings and equipment, many business that have to shut down following a disaster do not survive because they have no income for days, weeks or even months. Frequently, the businesses that do survive the disaster are the ones that have business interruption insurance.
Business interruption insurance compensates for lost income if a company has to vacate the premises due to disaster-related damage that is covered under the property insurance policy. Business interruption insurance covers the profits that would have been earned, based on financial records, income tax returns and recent operating statements had the disaster not occurred. CONTINUED
FRAUDULENT E-MAILS ASK
FOR PERSONAL INFORMATION|
E-mails to financial
institution customers that fraudulently claim to be from the FDIC attempt to
obtain highly sensitive personal information, including bank account
information. These e-mails falsely indicate that FDIC deposit insurance is
suspended until the requested customer information is provided.
This e-mail was not sent by the FDIC and is a fraudulent attempt to obtain personal information from consumers. Financial institutions and consumers should NOT access the link provided within the body of the e-mail and should NOT under any circumstances provide any personal information through this media.
The FDIC is attempting to identify the source of the e-mails and disrupt the transmission. Until this is achieved, consumers are asked to report any similar attempts to obtain this information to the FDIC by sending information to email@example.com.