Business Observer 9.1.23

Page 1

SEPTEMBER 1 - SEPTEMBER 7, 2023 | THREE DOLL ARS

FLOR IDA’S NE WSPAPER FOR T HE C - SUI T E

Laser focus | Seasoned entrepreneur puts his experience to work in new venture. PG.8 PASCO • H ILL SBOROUG H • PIN ELL AS • P OLK • M A N ATEE • SA R ASOTA • C H A R LOT TE • LEE • COLLIER

Financial Frontier As cities traditionally known for financial services skyrocket in price, Tampa becomes an alluring option. SEE PAGE 10

Mary Tran | SELBY JENNINGS VICE PRESIDENT

MARK WEMPLE

BANKRUPTCY

COST OF LIVING

ECONOMY

INSURANCE

Off the Road

Upward Bound

Seaworthy

Perfect storm

After 100 years of operating, Yellow trucking company announces its closure — and the termination of employees. It follows several local layoff announcements. PAGE 3

A statewide study finds that Fort Myers tops all Florida cit ies for a f fordabi l it y, while the Tampa Bay area came in at the bottom of the list. PAGE 7

Port Manatee works to expand its facilities and increase its cache to ensure Florida ports remain competitive in securing imports from overseas. PAGE 7

As Citizens Insurance’s risk grows with a growing pool of policies, its inability to raise rates may hamstring its ability to respond to a disaster. PAGE 10

REAL ESTATE Collier County property for sale drops its price by $20 million. 14 Tampa warehouse sells for $8.65 million. 14

PAGE

396386-1

DON’T MISS: 15 When training managers, don’t forget the middle. WHAT IS THE SIGNIFICANCE OF HAVING A LAST WILL AND TESTAMENT? See Page 3


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.