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Florida vs. California: How two states are facing the insurance crisis
2025-05-05 04:45:04| Spiritual Career Counseling
California and Florida have for years been the canary in the gold mine for a homeowner insurance crisis that experts warn might soon spread to many more states across the country.The two disaster-prone states, which face different challenges within their own markets, have seen homeowners insurance premiums skyrocket in recent years as carriers dealing with rising costs and growing catastrophe exposure either significantly hiked their rates or cut coverage in the most vulnerable areas, leaving homeowners with limited options.Despite facing similar challenges, the two states are experimenting with wildly different solutionsonce again becoming examples for the rest of the country of the dos and don'ts of a crisis that is expected to spread across the nation.Why It MattersThe homeowners insurance crises in California and Florida have drastically different causes, but they have one element in common: both coastal states are particularly vulnerable to natural disasters, with wildfires in Ca...
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Employment
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What to look for in Mays local elections: Tories on defensive and Reform hoping for gains
2025-05-05 02:45:04| Spiritual Career Counseling
The English local council elections on 1 May are a big test for the three parties almost tied in the national polls: Labour, Reform and the Conservatives. The Liberal Democrats will also be hoping to do well in areas where they are strong and have a big aim of displacing the Tories as the second largest party in local government.As the polls suggest, the contest is wide open. The Conservatives are in the worst position as they are defending the most seats in more than 900 wards, which they won at the high-water mark of Boris Johnsons popularity in 2021. Of the 23 authorities holding elections, 19 are controlled by the Conservatives and just one by Labour, with the others under no overall control. There are about 1,600 seats up for grabs and six mayoralties.Labour will be hoping to take many of these seats in the first big post-election indicator of how it is doing in government. The party is narrowly ahead in many opinion surveys, but governing parties can find local elections challen...
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Employment
Australia does not have enough tradies to fulfill Labors housing promise, experts say
2025-05-05 02:45:04| Spiritual Career Counseling
Australia does not have enough construction workers and other tradies to meet election pitches to boost housing supply, experts say, casting doubt over the major parties pledges to address housing affordability.Anthony Albanese and Peter Dutton announced their competing housing plans this week, with both major parties seeking to increase the number of new home builds above the current annual rate of about 170,000.The Labor government nominated a target of 250,000 completed homes a year for the next four years, while the Coalition was yet to commit to a target. Sign up for the Afternoon Update: Election 2025 email newsletterBut Labors goal cannot be reached given the low number of skilled tradespeople in the construction workforce, according to Tim Reardon, the chief economist at the Housing Industry Association.We dont have enough people, he said.Home ownership is slipping out of reach for many Australians. Will the major parties promises make a difference? | Brendan CoatesRead m...
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Employment