Photo: Getty Images
Florida News That Impacts You – October 1st, 2021
Bottom Line: Your daily recap of the some of the biggest news from around the state that impacts you in South Florida.
- Today’s the day the National Flood Insurance Program adopts the recently created Risk Rating 2.0 system for policies. The system broadly increased the risk rating of nearly all Florida homes already in flood zones, in addition to adding tens of thousands of homes, predominately in Broward, to newly created flood zones. The result will be an increase in premiums for 95%+ of South Florida policyholders. New policies taken out will see the impact of the changes immediately, while existing policy holders will feel the effects upon renewal which is April 1st of next year.
- Florida’s COVID-19 trend continued the recent rapid improvement Thursday with 4,938 new cases reported. Florida’s weekly trend for cases is the lowest since July 13th. Related...
- Thursday resulted in one of the best one-day improvements in COVID-19 hospitalizations we’ve seen during the pandemic. 441 fewer Floridians are hospitalized with the virus today and the total number of people hospitalized is down to 5,483 patients - the lowest since July 19th.
- A judge has approved the sale of the Champlain Towers South site in Surfside for what appears to be $120 million to a real-estate developer through a bidding process. The property was appraised at $95.6 million. Proceeds will be split between owners and victim’s families.