Tag: Moody’s Investors Service

Michael MolineSeptember 13, 2017
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3min222
Some 8,000 Irma-related insurance claims have landed with Citizens Property Insurance Corp. — and counting. That was the number as of 9 a.m. Wednesday, company spokesman Michael Peltier said. Florida’s Office of Insurance Regulation was tallying claims filed but had not yet posted the numbers on its website. Citizens, established by the Legislature as the […]

Peter SchorschDecember 12, 2016
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5min368
Harris Corp. is casting doubt on the future of its public-sector business in Florida after reports emerged of plans to sell one of its key satellite communications companies. Last month, the Melbourne-based communications firm announced it would sell CapRock Communications to SpeedCast International Ltd. for an estimated $425 million. According to SpaceNews.com, Harris explained to investors earlier this […]

Guest AuthorJuly 3, 2014
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6min153
Because of a credit rating downgrade by Moody’s Investors Service, Jacksonville will soon be paying higher interest rates on its debts. This may well divert millions of tax dollars from serving the city’s residents to enhancing the bottom line of Wall Street’s lenders. The Florida Legislature’s chronic failure to make major reforms in state and […]


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