Monday, July 16, 2018
Business

Florida officials move to suspend Tampa's University Village retirement home

TAMPA — The University Village retirement home may no longer be able to take on new residents after receiving two initial orders of suspension issued Tuesday by the Florida Office of Insurance Regulation.

The home is accused of filing false information, failing to pay more than $4 million in refunds to residents, taking on new residents while being "financially insolvent" and conducting business in a fraudulent or dishonest manner, according to the agency.

The retirement home has 21 days to appeal both suspension orders. If the home choose not to appeal, or loses its appeals, it will no longer be allowed to house new residents. The home will, however, be obligated to honor the contracts of existing residents, said agency spokeswoman Amy Bogner.

The first suspension order says new owner IMH Healthcare, LLC acquired the home illegally. As a new general partner, according to the state, IMH did not have the insurance office's approval to operate as a licensed Continuing Care Retirement Community in Florida.

The second order alleges University Village violated several Florida Insurance Code provisions, such as failing to refund owed money to residents.

University Village has been operating as a continuing care retirement community since 1987, the state said.

Comments
Florida suspends payment to SunPass contractor until tolling system is fixed

Florida suspends payment to SunPass contractor until tolling system is fixed

The Florida Department of Transportation announced today that it will suspend all payments to the SunPass contractor until the electronic tolling system is fixed.In a letter sent to the president of Conduent State & Local Solutions, Inc., David Amori...
Updated: 9 hours ago
CVS employees call 911 on black woman trying to use a coupon

CVS employees call 911 on black woman trying to use a coupon

Couponing while black?Add it to the list.On Friday, a Chicago woman tried to use a coupon at CVS when a store employee told her the slip was fake and another worker called the police. The incident stands as the latest known example of racial profilin...
Updated: 10 hours ago
Amazon’s Prime Day runs into snags swiftly

Amazon’s Prime Day runs into snags swiftly

NEW YORK — Amazon’s website ran into some snags quickly Monday on its much-hyped Prime Day, an embarrassment for the tech company on the shopping holiday it created.Shoppers clicking on many Prime Day links got only an abashed-looking dog with the wo...
Updated: 10 hours ago
Amazon Prime Day: Now an opportunity for worker strikes, consumer protests around the world

Amazon Prime Day: Now an opportunity for worker strikes, consumer protests around the world

Amazon workers, who have long gone on strike in the run-up to the holidays, have found a new occasion to get their employer’s attention: "Prime Day."Nearly 1,800 Amazon workers in Spain went on strike Monday during Prime Day, which has quickly grown ...
Updated: 11 hours ago
Jared Kushner’s family firm accused of pushing out rent-stabilized tenants

Jared Kushner’s family firm accused of pushing out rent-stabilized tenants

NEW YORK — The hammering and drilling began just months after Jared Kushner’s family real estate firm bought a converted warehouse apartment building in the hip, Williamsburg section of Brooklyn. Tenants say it started early in the morning and went o...
Published: 07/16/18
FCC chairman has ‘serious concerns’ about Sinclair-Tribune merger, could seek to block deal

FCC chairman has ‘serious concerns’ about Sinclair-Tribune merger, could seek to block deal

WASHINGTON - Sinclair Broadcasting’s proposed $3.9 billion acquisition of Tribune Media has raised "serious concerns" at the Federal Communications Commission about the amount of control the combined company would have over the U.S. television market...
Published: 07/16/18
Tampa cybersecurity firm A-LIGN raises $54.4 million

Tampa cybersecurity firm A-LIGN raises $54.4 million

TAMPA — Tampa-based cybersecurity company A-LIGN raised a $54.5 million investment from FTV Capital, the company announced Monday. A-LIGN specializes in helping businesses stay compliant with regulatory and industry standards for cybersecurity."As a ...
Published: 07/16/18
Any Tampa Bay transit project will bring development opportunities, expert says

Any Tampa Bay transit project will bring development opportunities, expert says

Big transit projects are often about much more than moving people from one place to another.That’s where real estate adviser Marilee Utter comes in. Her specialty is helping communities get the most out of development opportunities that arise from bu...
Published: 07/16/18
Tampa ranks second best in nation for first-time homebuyers

Tampa ranks second best in nation for first-time homebuyers

Despite rising prices, Tampa has been deemed the second best city in the nation for first-time homebuyers. That’s according to the website WalletHub, which compared 300 cities using 27 metrics including home prices, property tax rates and property-cr...
Published: 07/16/18
Pretzels to replace peanuts on Southwest flights

Pretzels to replace peanuts on Southwest flights

On Southwest, you no longer can fly for peanuts. But you can for pretzels. On Aug. 1, the low-cost carrier will cut the popular snack food from all flights, in deference to its passengers with peanut allergies."Peanuts forever will be part of Southwe...
Published: 07/16/18