Floridas supposed insurer of last resort has moved to shave 7 percent of its risk, including $1 billion in coverage from properties that overlook the Atlantic Ocean and Gulf of Mexico, as a means to truly regain that moniker.

The Citizens Property Insurance board of governors on Wednesday supported a series of measures -- both in-house and through legislative action -- to revamp the state-backed provider, with a goal of reducing the number of overall policies from 1.5 million to 800,000.

Floridas two U.S. senators on Wednesday joined veteran Republican U.S. Rep. Ander Crenshaw to announce that Congress will vote this week on the 2012 Defense Authorization Conference Report that contains almost $15 million in funds to ready Mayport on the First Coast to port a nuclear aircraft carrier.

Barrel racing and card playing will continue in Gretna while opponents try to shut the track down in court, an appeals court ruled Tuesday, rejecting a request to close the doors immediately while the underlying challenge moves forward.

A day after hearing arguments, a three-judge panel of the 1st District Court of Appeal denied a request by a group led by the Florida Quarter Horse Racing Association and the American Quarter Horse Association to shut down the newly opened track that has been offering pari-mutuel wagering and card games since Dec 1.

If the U.S. Supreme Court pulls the plug on Obamacare, a conservative think tank has a replacement standing by for families.

A fixed $2,000-per-person federal tax credit would enable households to purchase health coverage through the workplace or on the open market.

Providing additional subsidies to households with incomes of less than $44,700, the Heritage Foundation proposal limits costs by phasing out credits for upper-income earners.

WASHINGTON -- Oh, quelle gaffe.

Rarely has such a small, innocuous, truth-based remark garnered so much attention from the chattering classes as Mitt Romney's proposed $10,000 bet with Rick Perry during this past weekend's Republican primary debate.

From his perches on the House Middle East and South Asia Subcommittee and the International Religious Freedom Caucus, Florida Republican U.S. Rep. Gus Bilirakis urged Congress to set conditions on American taxpayer dollars being sent to Egypt.

"Americans should be alarmed, especially during dire fiscal times, that our taxpayer dollars are being used by the Egyptian military as a means to violate human rights," Bilirakis said in a statement on Tuesday.

The future of Floridas northernmost port, in the backyard of the much larger JaxPort and shadow of Georgia behemoth Port of Savannah, is away from the water.

The Port of Fernandina, one of the states smaller ports, is limited by a neighboring historic district and protected swampland from mass on-site expansion, and has been working with its contracted operators Kinder Morgan to find off-site property to serve as cargo holds.

A critical letter from Las Vegas Sands isnt going to deter Attorney General Pam Bondi from her stance in opposition to the expansion of gaming in Florida.

Bondi joined the anti-gaming effort with Agriculture Commissioner Adam Putnam, working under the No Casinos umbrella, on Dec. 8 to publicly express her opposition to the gaming bill now before legislators that would allow three mega-casinos in the state.