Tampa Bay Business News

Tampa Bay Business & Wealth

Real estate, development and business across Tampa Bay

Mortgage rates fall to 6.09% as new construction lifts Tampa supply

Aerial view of suburban homes in Tampa Bay, showing residential streets, backyards and pools.

Lower rates and rising luxury inventory reshape Tampa Bay’s spring housing market.

Future of Davis Islands’ Mirasol hinges on Jan. 15 vote

Historic Mirasol building on Davis Islands shown alongside archival photo as Tampa City Council vote approaches

A Jan. 15 City Council vote will determine whether the historic Mirasol returns to its original use as a boutique hotel.

How Dr. Irfan Ali built empathy into Tampa health care

Dr. Ali sitting in his personal office surrounded by books and artwork.

A Tampa physician’s journey from trauma to leadership shows how empathy can reshape health care.

A new alternative to traditional insurance

By Hunter Williams, partner at M.E. Wilson In recent years, Florida business owners have seen a dramatic increase in the cost of insuring their operations against a multitude of risks. Whether that be property, liability or even auto insurance costs, business owners often face little to no control over unstable premiums and decreasing coverages. A … Read more

Navigating the Current State of the Florida Property Insurance Market

The Florida property insurance market is in a state of flux with rising rates, non-renewals and companies leaving the state altogether. This is due to a number of factors including the state’s hurricane vulnerability, high litigation costs and a number of other challenges. What’s causing the crisis? Hurricanes: Florida is one of the most hurricane-prone … Read more

One Liners Pasco: Middleburg Communities, Pasco EDC and more

► Middleburg Communities, a developer based in Virginia, is building Mosby Avalon Park, a 338-unit apartment complex, in Wesley Chapel, near State Road 54.  ► The Pasco Economic Development Council announced the relocation of Gary Plastic Packaging, based in New York City, to the North Pasco Corporate Center which is currently under development by Harrod … Read more

Transamerica names Tampa executive president of World Financial Group and head of Transamerica Financial Advisors

Todd Buchanan has been named president of World Financial Group Insurance Agency, senior vice president at Transamerica and head of Transamerica Financial Advisors. He will lead WFG’s team of nearly 60,000 independent insurance agents and will oversee TFA’s team of financial advisors, according to a statement. Most recently, Buchanan was the United States chief executive … Read more

Reimagining home insurance through the lens of technology

The burgeoning insurance technology industry is currently riding a second wave of startups and Bruce Lucas, former chief executive officer and co-founder of Heritage Insurance Holdings, is poised to accelerate to the crest with his newest venture, Slide. Known colloquially as “Insurtech,” the innovative reimagining of insurance through the lens of technology began only four … Read more