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Associated Press - June 5, 2007 2:34 PM ET

8 insurers approved to sell policies for Fla. homes, businesses

TALLAHASSEE, Fla. (AP) - Eight insurance companies can now sell policies for homes and businesses, adding new options in the troubled Florida property insurance market.

The state Office of Insurance Regulation says three companies were approved to sell commercial insurance, while five others were approved to sell homeowners insurance policies. They represent over one billion dollars in capital investment.

Jonathon Kees is a spokesman for the insurance office. He calls the approval a good sign of competition in the market and there is interest in Florida for writing property insurance.

Authorities searching for New York woman who disappeared in Fla.

MIAMI (AP) - Authorities are trying to find a 22-year-old New York woman who disappeared a week ago while visiting family in Florida.

Miami-Dade County police say Stepha Henry was last seen at her aunt's Fort Lauderdale home getting into a black sedan with an unknown man. She told relatives she was going to a nightclub. She was wearing a black dress with a white top.

Police say they don't know if foul play is involved. Her case is under investigation.

Relatives told the New York Daily News that Henry is an honors graduate of John Jay College of Criminal Justice, and an aspiring lawyer.

Henry is from Brooklyn.

Man killed by train in apparent suicide in West Palm Beach

WEST PALM BEACH (AP) - Authorities say a man was killed in West Palm Beach when a speeding commuter train hit him in an apparent suicide attempt.

Palm Beach County sheriff's officials say William Ross climbed onto the Tri-Rail train tracks today and curled up in the fetal position.

The engineer of southbound train told authorities he saw a man climb onto the tracks and curl up. He tried to make an emergency stop but could not brake in time. The train was traveling at 79 miles an hour.

Ross was pronounced dead on the scene at about 5:30 am.

An autopsy will be performed to determine his cause of death.

School: Teens' reward for turning in lost money was misplaced

TAMPA, Fla. (AP) - Two Tampa teens honored in 2002 for turning in $4,000 in lost cash are now trying to figure out what happened to reward money sent to a school for them.

People from around the country sent money to Greco Middle School to reward 13-year-olds Jarvarious Jones and Oscar Carter. They had turned in four cash-stuffed envelopes that they found in the street and were supposed to be able to collect the reward when they turned 18.

Carter's mother says they're trying to find out where the account was set up, which may contain a few hundred dollars for each teen.

Greco Assistant Principal Patricia Cooper has received some of the reward money and says she's looking for a file that may contain the account information.

On a positive note, the families recently learned a local church still has about $10,000 set aside for the teens in a scholarship fund.

Donovan's indecision is latest blow for snakebitten Magic

ORLANDO, Fla. (AP) - The Orlando Magic should be used to disappointment.

Shaquille O'Neal left a decade ago and a championship short, and they got nothing in return. Tracy McGrady left three years ago, and they got little more than a headache for him.

Now Billy Donovan is poised to leave the Magic after less than five days on the job.

Donovan's future remains officially uncertain, with the 2-time collegiate champion apparently having a change of heart and wanting to return to Florida.

His exit would be bad news for a snakebitten franchise that's already had more than its share in less than two decades of existence. The Magic have had and lost 2 of basketball's biggest names, twice hired and fired their winningest coach and seen a first round draft pick simply refuse to show up.

Orlando didn't make its first playoffs until 1994 after joining the NBA in 1989.

Race fans can pay respect to NASCAR leader at funeral, visitation

DAYTONA BEACH, Fla. (AP) - Car racing fans will be able to pay their respects to former NASCAR leader Bill France Junior.

A public visitation and funeral will be held tomorrow afternoon at Seabreeze United Church from 5:30 pm to 9 pm. A public funeral is planned Thursday at 1 pm at the Mary McLeod Bethune Performing Arts Center in Daytona Beach.

A graveside service for family members only will follow the funeral.

In lieu of flowers, the France family has asked that donations be made to the NASCAR Foundation, the Halifax Medical Center Foundation/Betty Jane France Pediatric Center or another NASCAR-related charity of choice.

Diagnosed with cancer in 1999, France had been in poor health for much of the last decade. He died yesterday at his Daytona Beach home. He was 74.

Florida State sprinter Dix key to hope of repeat NCAA title

TALLAHASSEE, Fla. (AP) - Walter Dix glanced briefly at the scoreboard flashing his collegiate record time in the 200 meters. He high-fived a competitor, hugged a coach and calmly began pulling his warmups back on.

But the Florida State junior didn't do much more public celebrating. He is quiet, if not shy, off the track and not emotive about his accomplishments.

The Coral Springs native had the record time of 19.69 seconds in the NCAA East Region last month at Gainesville. He bested the previous mark of 19.75 seconds set 19 years ago by Houston's Joe DeLoach, but missed Michael Johnson's world record of 19.32 seconds.

Florida State coach Bob Braman says every sprint coach is talking about Dix right now.

Dix hopes to make the 2008 summer Olympics team, but in the meantime will lead the Seminoles as they try to repeat as NCAA outdoor champions this week in Sacramento, California.

OSI Restaurant shareholders approve sweetened $3.2B buyout offer

TAMPA, Fla. (AP) - Shareholders of the owner of the Outback Steakhouse restaurant brand have voted to approve a three billion dollar takeover offer from a private investor group.

In today's proposed deal, the buyout group including Bain Capital Partners LLC and investment funds affiliated with Catterton Management Company LLC will pay $41.15 a share in cash for OSI Restaurant Partners Incorporated.

The deal is expected to close on about June 19th.

Besides Outback Steakhouse, OSI's restaurant brands include Carrabba's Italian Grill, Bonefish Grill, Fleming's Prime Steakhouse and Wine Bar, Roy's, Lee Roy Selmon's, Blue Coral Seafood and Spirits and Cheeseburger in Paradise restaurants. It has operations in 50 states and 20 countries.

OSI shares rose 16 cents to $41.02 in midday trading.

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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