Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Uninsured Driver Problem Costs Oklahoma $8.8 Million a Year

OKLAHOMA CITY, Jan. 8, 2013 /PRNewswire/ -- A new evaluation by the Oklahoma Insurance Department (OID) found that the state of Oklahoma is losing $8.8 million a year in premium taxes from drivers who fail to obtain the state-required minimum coverage for auto insurance.

"When people break the law, and don't pay their fair share, it hurts all of us," said Oklahoma Insurance Commissioner John D. Doak. "Half of that money would go into the General Revenue Fund, helping schools, social services and other vital programs. The rest would help provide pensions for the state's firefighters and law enforcement officers. Those sorely underfunded systems could really use this money to make sure Oklahoma heroes receive the retirements they deserve."

Using data provided by the Insurance Research Council, the U.S. Department of Transportation and the National Association of Insurance Commissioners, OID Chief Actuary Frank Stone calculated the financial losses created by non-compliance.

Average Annual Cost of Liability Insurance in Oklahoma

$700

Estimated Number of Uninsured Vehicles in Oklahoma

563,692

Premium Tax Rate

2.25%

Total Potential Premium Tax

$8,878,149



Potential Disbursement


General Revenue (47%)

$4,172,730

Firefighter Pension Fund (34%)

$3,018,571

Police Pension Fund (14%)

$1,242,941

Law Enforcement Pension Fund (5%)

$443,907

The Oklahoma Insurance Department has already begun tackling this issue with public service announcements and driver safety checkpoints. The department is pushing for more change through its 2013 legislative agenda. Working with state lawmakers, the OID hopes to increase the fine for driving without insurance and make the offense subject to a primary stop by law enforcement.

The OID website has several tools to help consumers understand auto insurance and shop for coverage at http://www.ok.gov/oid/Consumers/Insurance_Basics/Auto.html.

About the Oklahoma Insurance Department
The Oklahoma Insurance Department, an agency of the State of Oklahoma, is responsible for the education and protection of the insurance-buying public and for oversight of the insurance industry in the state.

For more information contact:
Kelly Collins
(405) 522-0683
Kelly.Collins@oid.ok.gov

SOURCE Oklahoma Insurance Department

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions n...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructur...
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mis...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performa...
As Cybric's Chief Technology Officer, Mike D. Kail is responsible for the strategic vision and technical direction of the platform. Prior to founding Cybric, Mike was Yahoo's CIO and SVP of Infrastructure, where he led the IT and Data Center functions for the company. He has more...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE