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SRQ DAILY Nov 16, 2015

Monday Business Edition

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Monday Business Edition

"It's about attracting bright young minds to recognize insurance is a viable career for them."

- Lisa Krouse, FCCI
 

[Demographics]  The Elder Asset

The most recent U.S. Census estimates show that the number of people older than the age of 65 living in Sarasota and Manatee counties outpaces the state as a whole, and looks dramatically different than the nation as a whole. The older demograhic in Sarasota County in fact makes up more than twice as large a segment of the population as a whole for the entire U.S. 

[Workforce]  SCF Looks to Fill Need for Insurance Pros
Jacob Ogles, jacob.ogles@srqme.com

As a generation of insurance professionals looks toward retirement, State College of Florida this week announced it would offer a new program in its Spring curriculum. Students will now be able to graduate with an associate’s degree with a specialty in Risk Management and Insurance and walk with three professional licenses in hand.

The program stems from a cooperation between the college and business leaders to identify needs in the job market. “It’s about attracting bright young minds to recognize insurance is a viable career for them,” said Lisa Krouse, chairman of the Greater Sarasota Chamber of Commerce and FCCI executive vice president and chief human resources officer.

Krouse said the insurance industry is bracing for a significant talent drain in the next 10 years as Baby Boomers who have worked in the field for decades plan for retirement. College administrators say that could bring an opportunity for students. Both the need and potential have been explored in joint efforts by entities including the Chamber and College, as well as CareerEdge Funders and the Economic Development Corporation of Sarasota County, according to Krouse.

"We have partnered with several community businesses who support this program,” said George Cubberly, director of SCF’s insurance program. “Estimates that shed light on employment opportunities in theinsurance field are:  annual job growth at 4,537; annual openings/replacements 7,406; and forecasted 9.7 percent growth over the next eight years."

An information session regarding the new program is scheduled from 5-7pm Thursday at SCF Bradenton. 

[PINC]  Who Lays Claim on Space?
Jacob Ogles, jacob.ogles@srqme.com

Space has been the final frontier, but don’t expect exploration of the great beyond to devolve into the Wild Wild West. Frans von der Dunk, professor of Space Law at the University of Nebraska and founder of Black Holes Consultancy, has published books on the legal maneuvering that comes with extending mankind’s reach beyond the planet. SRQ consulted with von der Dunk as well, on what to expect when he speaks at PINC Sarasota on Dec. 10.

In Florida, many remain distraught that the U.S. government is not sending manned spaceflights up right now. How important is manned flight to advancing our understanding of the universe?  That’s a quasi-eternal debate. There is no question that also in the context of scientific exploration humans out there can provide a major value added: on the other hand, much of that exploration and science can also be done by in-space telescopes, deep space probes and robotic missions—and then of course much cheaper. Only for science in micro-gravity as such—the ISS [International Space Station]—there currently is a good case to be made that manned spaceflight at least provides some benefits that robotic research might not have delivered. Currently, therefore, I would tend to say that the re-focussing of NASA on non-routine activities beyond low earth orbit makes a lot of sense, even as they for the time being will be non-manned. Private operators seem to inch closer to being able to take up manned spaceflight to LEO (which is part of what i am going to address) and in the long run this frees up a lot of money in the NASA context for also using manned spaceflight beyond LEO.

There is an American flag planted on the moon, but can you tell us if nations can actually lay claim on celestial bodies? To what degree can governments take ownership of things beyond the Earth?  No, the planting of the US flag on the Moon was only to symbolize that it was the U.S. taxpayer which had paid for the Apollo missions getting there. Neil Armstrong’s footstep was for all mankind, and indeed the United States was one of the major instigators (together with the then-Soviet Union) to ensure by way of the 1967 Outer Space Treaty (notably Art. II thereof) that the Moon and all other parts of lute space remained outside any individual country’s territory, could not be legally colonized along the lines we had known on Earth. Only the discussion on ownership of specific resources ‘harvested’ out there remains to some extent still open—the Moon rocks brought back by the Apollo astronauts were considered U.S. property, also by other states, but at the same time access to them was shared with scientists from all around the world.

Will the future of space exploration be driven by the public or private sector?  The short answer is: both. Exploration of the real unknowns—that is, starting beyond LEO—is by and large too expensive certainly today for non-governmental entities to entertain, so we still need governments to pave the way there. At the same time, the private sector is generally better equipped to (and known for its ability to) cut costs, so where it is allowed to blossom—within general rules respecting public interests such as security, safety and environmental issues—it can ultimately also help cut costs for the governments to go out there. Again, the re-focus of NASA freeing up the LEO realm for private entrepreneurs—if something does not go wrong—is an excellent example thereof. 

[Exec Moves]  Selah Freedom Promotes Petecost

Selah Freedom announced that former Director of Outreach and Law Enforcement Liaison Kindsey Petecost will become vice president of Operations. Petecost has been certified with the Florida Crime Prevention Training Institute for Human Trafficking and partners with the Sarasota and Bradenton Police Departments, Sarasota County Sheriff and Manatee County Sheriff to be the first point of contact for women identified as sex trafficking victims. Petecost will remain the Selah arm to law enforcement in her new role. 

Selah Freedom

[Real Estate]  TMF Plastic Solutions Leases Industrial Space

TMF Plastic Solutions leased a 44,230-square-foot industrial building located on 19th Street Court East in Bradenton. The landlord was represented by William Blalock, with Wyman, Green and Blalock. The tenant was represented by Scott Rimmer, an advisor with the Downtown Sarasota office of Sperry Van Ness Commercial Advisory Group. 

Sperry Van Ness Commercial Advisory Group

SRQ Media Group

SRQ DAILY is produced by SRQ | The Magazine. Note: The views and opinions expressed in the Saturday Perspectives Edition and in the Letters department of SRQ DAILY are those of the author(s) and do not imply endorsement by SRQ Media. Senior Editor Jacob Ogles edits the Saturday Perspective Edition, Letters and Guest Contributor columns.In the CocoTele department, SRQ DAILY is providing excerpts from news releases as a public service. Reference to any specific product or entity does not constitute an endorsement or recommendation by SRQ DAILY. The views expressed by individuals are their own and their appearance in this section does not imply an endorsement of them or any entity they represent. For rates on SRQ DAILY banner advertising and sponsored content opportunities, please contact Ashley Ryan Cannon at 941-365-7702 x211 or via email

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