News
AT&T to add 3,000 jobs, invest up to $18B in 2009
The Associated Press NEW YORK — AT&T Inc. said Tuesday it will add nearly 3,000 jobs this year and invest between $17 billion and $18 billion to drive growth by enhancing wireless and broadband networks to provide more coverage. The capital spending plans are in line with the $17.7 billion Dallas-based AT&T said it spent [...]
Public Can Weigh In On Power Plant, Transmission Lines
By HERNANDO TODAY STAFF The public will get a chance to provide input today on Progress Energy’s plans to build a nuclear power plant in Levy County and run new transmission lines through Hernando County. Citizens can provide a statement between 3 p.m. and 8 p.m. at the Brooksville Elks Lodge, 14494 Cortez Boulevard. The [...]
Former CIA director says renewable energy needed
By Bruce Ritchie Saying that renewable energy and system reliability together are a matter of national security, former CIA Director James Woolsey urged Florida legislators today to allow rules making it easier for renewable energy providers to make a profit. The existing power system is too sensitive to storms and could easily be damaged by [...]
TECO has a plan for solar energy
By James Thorner, Times Staff Writer More than 100,000 solar panels, tilting in unison to catch maximum rays at a Polk County phosphate mine no longer in use, will supply electricity to 3,400 Tampa Electric customers starting in 2011. For a 110-year-old utility long wedded to burning coal and natural gas, the 25-megawatt solar project [...]
Susan Clark Honored
Shareholder Susan Clark has been selected by the Tallahassee Democrat as one of the “25 Women You Need to Know” in 2009. The program, in its third year with the newspaper, received more than 150 nominations of women committed to improving the community and assisting their neighbors. A panel of judges narrowed the list to [...]
Florida Office of Insurance Regulation Submits Annual Report on Freedom to Travel Law
-NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- FOR IMMEDIATE RELEASE March 2, 2009 Contact: Ed Domansky 850-413-2515 Edward.Domansky@floir.com Florida Office of Insurance Regulation Submits Annual Report on Freedom to Travel Law TALLAHASSEE, Fla. – Florida Insurance Commissioner Kevin McCarty has submitted the 2009 Freedom to Travel Report to legislative leaders detailing the Office of Insurance Regulation’s (Office) [...]
Florida Insurance Commissioner Approves State Farm Withdrawal Plan, With Conditions
NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- FOR IMMEDIATE RELEASE February 13, 2009 Contact: Ed Domansky 850-413-2515Edward.Domansky@floir.com Florida Insurance Commissioner Approves State Farm Withdrawal Plan, With Conditions TALLAHASSEE, Fla. – Florida Insurance Commissioner Kevin McCarty today announced that he has conditionally approved the withdrawal plan submitted Jan. 27 to the Office of Insurance [...]
Treasure Coast low-income families can get help with utility bills
By Lisa Bolivar Correspondent Low-income families facing power shutoffs have a place to turn to for temporary help, thanks to a federal program and a Florida Power and Light Co. charity. Agencies in Martin, St. Lucie, Indian River and Okeechobee counties are distributing their portion of money granted to them by the Low Income Home [...]
Florida Insurance Commissioner Recommends Workers’ Compensation Insurance Rate Increase Due to Court Ruling
-NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- FOR IMMEDIATE RELEASE January 26, 2009 Contact: Ed Domansky 850-413-2515 Edward.Domansky@floir.com Florida Insurance Commissioner Recommends Workers’ Compensation Insurance Rate Increase Due to Court Ruling TALLAHASSEE, Fla. – Florida Insurance Commissioner Kevin McCarty today announced that he has advised the National Council on Compensation Insurance (NCCI) that [...]
Florida Insurance Commissioner Approves Another Rate Decrease for Workers’ Compensation, but Cautions that Rate Increases Might Come Soon
NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- FOR IMMEDIATE RELEASE Oct. 29, 2008 Contact: Ed Domansky 850-413-2515Edward.Domansky@floir.com TALLAHASSEE, Fla. – Florida Insurance Commissioner Kevin McCarty Tuesday issued a final order approving the National Council on Compensation Insurance’s (NCCI) amended rate filing for workers’ compensation insurance rates that will become effective Jan. 1. The rate [...]
RTYC Women Walk 60 Miles
Nine members of the “Radey Law” walking team participated in the Atlanta Breast Cancer 3-Day on October 24-26, 2008. The hilly route covered 60 miles through the northern Atlanta suburbs and downtown. All six of the firm’s women lawyers, as well as the firm administrator, a paralegal, and a former firm lawyer participated in the [...]
State Farm makes case in rate hike hearing
By DARA KAM Palm Beach Post Capital Bureau Monday, October 27, 2008 TALLAHASSEE — State Farm, the state’s largest private insurer, Monday defended a sought-after 47.1 percent hike to homeowners insurance policies at a hearing expected to last up to a week. In August, state insurance regulators rejected the rate hike, which would have driven [...]
Florida Insurance Commissioner Names John McBride Legislative Affairs Director
NEWS FROM THE FLORIDA OFFICE OF INSURANCE REGULATION- FOR IMMEDIATE RELEASE October 27, 2008 Contact: Ed Domansky850-413-2515 TALLAHASSEE, Fla. – Florida Insurance Commissioner Kevin McCarty today announced that he has appointed John McBride to the position of Legislative Affairs Director. Mr. McBride will report to Chief of Staff Audrey Brown. Mr. McBride comes to the [...]
OIR Advises Courts Forms Approval Should Not Be Required for Surplus Lines
By: Travis Miller In earlier editions of the Florida Insurance Report, we have summarized the Essex and CNL Hotels cases finding that surplus lines products are not exempt from the entirety of Chapter 627 of the insurance code, and raising the possibility that surplus lines forms should be filed for approval. The Florida Office of [...]
McCarty Makes the Case for State Regulation
By: Travis Miller Recent concerns in the financial markets, including those affecting AIG, have intensified debate over the relative merits and drawbacks of state-based insurance regulation or federal regulation. Florida Commissioner Kevin McCarty quickly added his thoughts to the discussion, noting his opinion that insurance regulation has been successful at the state level and should [...]
