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Tag: Sound

Insiders sound off on Florida insurance cost hikes

October 10, 2020
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| insurance

As home insurance prices are poised to increase sharply, the South Florida Sun Sentinel asked leading insurance experts to provide their views of the disintegrating state of the market. Here’s what they had to say. Responses have been edited for length and clarity.

Locke Burt, president and CEO, Security First Insurance Co.

Insurance cost drivers are well known and have been reported before — bad weather, increased reinsurance costs, shady contractors, aggressive plaintiffs bar with a favorable legal environment, water losses, fraud. What’s different is the trends seem to be accelerating and the Legislature has not done anything meaningful to change the trajectory of increased costs which, under Florida law, must be passed on to consumers in the required annual rate filings.

The private sector is shrinking and raising rates as fast as they can because the losses are not sustainable and the providers of additional investment capital simply do

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Boom Supersonic Rolls Out Demonstrator Aircraft in Bid to Break Sound Barrier | Technology News

October 7, 2020
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| business

(Reuters) – Boom Supersonic on Wednesday unveiled its first demonstrator aircraft X-B1, which is scheduled to begin flight testing next year, in a milestone for the U.S. startup planning a commercial airliner that can conquer the sound barrier.

A handful of U.S. companies https://fr.reuters.com/article/us-airplane-supersonic-airports-idUSKCN1SL2IF are vying to bring back supersonic passenger travel which died out with the Anglo-French Concorde’s retirement in 2003.

Today’s planned supersonic jets, while quieter and more fuel efficient than the Concorde, are under pressure from environmentalists and airports to meet noise levels and carbon emissions standards for conventional planes.

Denver-based Boom said in a release that XB-1 will undergo a carbon-neutral flight test program which is to start next year in Mojave, California.

XB-1 has a 71 foot-long (21.6 m) fuselage, a carbon-composite airframe and three GE-designed J85-15 engines, the statement said.

The aircraft’s first flight is targeted for the backhalf of 2021, with entry-into-service of

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