MetLife Inc. may have to pay up to $500 million over its handling of death benefits from life insurance policies issued decades ago.
The deal, part of a multistate probe headed by Florida insurance investigators, also requires MetLife to improve its system for identifying unclaimed life-insurance policies.
Overshadowed by Gov. Rick Scott signing a bill to speed the creation of a science and technology-geared university on Friday were the rejections of the University of Floridas plan to shift employees out of the state health system and a last-minute effort in the Legislature to bulk up the states hurricane catastrophe fund.
More than eight months since withdrawing from the U.S. Senate race, as pressure mounted between the dual jobs of running the Florida Senate and a statewide campaign, Senate President Mike Haridopolos continues to have more cash on hand than any other Republican in the contest.
Haridopolos, R-Merritt Island, retained $1.4 million from the $3.5 million he raised for his abandoned campaign as of March 31, according to Federal Election Commission records.
I don't know how many times I've seen liberal commentators look back with nostalgia to the days when a young man fresh out of high school or military service could get a well-paying job on an assembly line at a unionized auto factory that could carry him through to a comfortable retirement.
Maybe you can find the courage to explain to our 2012 college grads how we let the banks and universities steal their future. I certainly can't.
The creation of a vital university to expand Florida's number of science and technology graduates will take on life this summer, despite objections from some legislators, students and officials in the Lakeland area.
Gov. Rick Scott signed HB 1994 on Friday creating the independent school by splitting off the 14-year-old branch campus in Polk County from the University of South Florida.
WASHINGTON -- In the summer of 1787, just 94 years after the Salem witch trials, as paragons of the Enlightenment such as James Madison, George Washington and Benjamin Franklin deliberated in the Constitutional Convention in Philadelphia, a mob pelted and otherwise tormented to death a woman accused of being a witch.
Gov. Rick Scott signed a $70 billion budget this week as he touted new money for education, but wielded more than $142 million in vetoes for projects he said the state can't afford.
Facing a budget that had already been cut after successive years of tough economic times, the governor's veto pen used less ink this time, as he marked out far less than the $600 million he axed a year ago.
