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Wednesday's Daily Pulse
What you need to know about Florida today
› Global insurance firm buys Fort Myers brokerage, affiliate
Global insurance brokerage Arthur J. Gallagher & Co. has acquired Fort Myers-based Specialty Risk Management Services LLC and its affiliate, Private Client Insurance Services. Financial terms of the deal weren’t disclosed. Specialty Risk Management Services manages a property insurance program for businesses in Florida, according to a statement.
› Orlando biotech firm to offer at-home test for women's health
Flowintell, an Orlando startup developing an innovative endometriosis test using menstrual blood, won the 2024 Crummer Venture Plan Competition, a business plan and pitch competition that was held on the Rollins College campus on March 20. The company will receive $40,000 in prize money, but Flowintell isn’t the only winner. The startups placing second, third and fourth also took home winnings: $20,000, $10,000 and $5,000 respectively.
› Palm Beach County schools settle lawsuit with charters for $54M. What to know
Palm Beach County school board leaders will vote Wednesday, April 3, on a $54 million settlement in a lawsuit that stems from money raised by a 2018 property tax increase that was not shared with charter schools. If approved, $54 million will be divided among 45 charter schools that have opted to receive past-due referendum money and interest. The school board's agenda does not list the amount of money to be awarded to individual schools.
› Sarasota City Commission OKs density bonus for affordable housing in new districts
Another affordable housing incentive squeezed past the Sarasota City Commission on the second reading at a special meeting Monday. A zoning text amendment that will offer a density and height bonus to developers that build affordable housing in certain districts passed with Vice Mayor Jen Ahearn-Koch and Commissioner Debbie Trice in dissent. The amendment creates three new districts in growing areas that aim to encourage mixed-use developments, and it passed by the same vote on the first reading March 4.
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