Improving Florida’s business climate through meaningful reforms to the state’s Personal Injury Protection (PIP) system is a leading priority for the Florida Chamber of Commerce. Florida’s no-fault law and its accompanying mandatory PIP insurance system are a billion dollar problem affecting consumers and businesses.
Today marks the official end of the 2011 hurricane season and while it was a quiet season for Florida, the state is still only one serious hurricane away from financial devastation. Florida was lucky this hurricane season, but other states such as New Jersey and New York that are rarely impacted by hurricanes were hit hard, reminding us that hurricanes don’t pick and choose where they will land.
The Florida Chamber of Commerce sponsored the 8th Annual Manufacturers Summit & Marketplace hosted by the Manufacturers Association of Florida and Enterprise Florida on November 30 – December 1, 2011 at the Hyatt Regency Orlando International Airport. Florida’s top manufacturers discussed the future of Florida’s manufacturing industry and heard from a panel of leaders which [...]
By David Royse On the day millions of holiday shoppers were being encouraged to hit up online retailers, Gov. Rick Scott acknowledged it isn’t fair that most people don’t pay Florida taxes on those purchases — but said he doesn’t want to do anything that would change that because he doesn’t want to “take more [...]
Soaring health care premiums are a threat to Florida’s small businesses and job creation and will hurt the expansion and growth of Florida’s businesses and economy which could turn companies looking to move or expand in Florida to other states. Rising insurance costs on Floridians significantly hurts Florida’s business climate. The Florida Chamber of Commerce is committed to insurance reform to ensure that Florida is the No. 1 job creator in the nation.
This week has been designated as Global Entrepreneurship Week, a time to celebrate the entrepreneurial spirit of Americans who have improved our quality of life and changed the limit of the possible through their pursuit of creative destruction. I co-authored an op-ed with Dr. Carrie Blanchard of the Florida Chamber Foundation on the importance of entrepreneurship. The articles appeared in the Miami Herald and Gainesville Sun this week. You can also find valuable information about small businesses on www.TheFloridaScorecard.com.
David Hart, Executive Vice President of the Florida Chamber of Commerce, today issued the following statement regarding October unemployment figures.
Policymakers intent on fixing Florida’s no-fault auto insurance system should tackle the troubling litigation costs if they are serious about addressing this billion dollar problem, the Florida Chamber of Commerce announced today.
According to the Department of Labor, 70% of employers are out of compliance with the Fair Labor Standards Act (FLSA). Calculating wages and hours can be cumbersome – there’s just too much to keep track of. One area that is especially hard for employers is time off and leaves of absence. Having no policies, over-broad policies, and lack of enforcement of the policies are great ways to land your company in hot water.
The concept of entrepreneurship and creative destruction in the economy is not a new perspective, but it is an important one. Originally outlined by economist Joseph Schumpeter in 1942, the idea simply offers that as new products and innovations come to the market, old products and paradigms are abandoned. It is thus the process of destruction and creation of ideas, products, and methods that stimulates economic growth and expansion.
