Word: florida
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...Hurricane Ike barrels toward South Florida, Americans can be sure they won't have to endure another catastrophic failure of a hurricane protection system. That's because South Florida doesn't have a hurricane protection system. As South Floridians like to say: Ay dios mio! Ike is now scheduled to pass just south of Miami as a Category 4 storm; National Hurricane Center researchers recently concluded that a Cat 4 hitting Miami could cause $70 billion in damage. To use another South Florida...
Dangling into the Gulf like a continental afterthought, Florida has always been Mother Nature's favorite American target, absorbing eight named storms in 2004 and 2005 alone. The state has gotten better at preparing for hurricanes, with stricter building codes and well-rehearsed evacuation plans. But it's still dangerously exposed - not only to the elements, but to financial ruin. It's got the nation's most dysfunctional property insurance market, a byproduct of life in harm's way. Fitch's ratings agency concluded in March that if a big storm hits Florida, "the fragile market could effectively collapse...
...bust rather than a Katrina-like disaster (See photos of Hurricane Gustav here). But eventually, disaster will visit the peninsula, and it's still not clear who's going to pay the tab. "It's going to be a financial nightmare," says Cecil Pearce of the American Insurance Association. "Florida is the nation's basket case...
...course. And Americans have spring break in Florida and frat culture in college that exposes many young people to binge drinking. In Britain what happens is they don't really seem to outgrow it. You get people in their 30s traveling to these places and getting drunk...
Court documents allege Maionica confided he was "brought into the conspiracy by a high-level official of DISIP." They say Kauffman and Duran - who own ritzy Florida homes, enjoy racing Ferraris and are part of what Venezuelans call the revolution's "Boli-bourgeoisie" - issued thinly veiled threats. They warned that "foreign government authorities would pursue Antonini" if he talked, and that it was in his children's best interest that he have "no problems" with Venezuela. At one cloak-and-dagger gathering, Canchica, using the name "Christian," allegedly told Antonini that PDVSA (the Venezuelan oil corporation) and the Chavez government...