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In brief

By TIMES WIRES
Published August 8, 2006

A new career just a click away

Entrepreneurs are finding that letting Google or Yahoo place ads on their personal Web pages can generate a nice income.

USF gets $1-million from ad executive

A Fort Lauderdale advertising executive is donating $1-million to his alma mater, the University of South Florida. The gift from Jordan Zimmerman, founder and chairman of Omnicom Group subsidiary Zimmerman Advertising, will help fund undergraduate classes in advertising and marketing. Zimmerman made a similar gift of $200,000 last year.

Hearing to address commercial insurance

A public hearing examining Florida's burgeoning commercial insurance crisis is scheduled for 4 to 6 p.m. Friday in the Bradenton area. The hearing, at Holmes Beach City Hall, 5801 Marina Drive, Holmes Beach, is an effort by state regulators to gauge the scope and nature of the crisis. Those who cannot attend can submit written testimony by e-mail at ratehearings@fldfs com. "Bradenton Town Hall" should be in the subject line.

AirTran to offer three nonstops to Midwest

AirTran Airways will launch new nonstop flights between Tampa International Airport and three Midwest cities by year's end. The carrier will begin flying one daily round-trip flight each to Detroit on Nov. 7, Dayton, Ohio, on Nov. 15 and Milwaukee on Dec. 5. AirTran also will resume flights to Flint, Mich., on Dec. 5 with one daily round trip.

4 from bay area named to insurance panel

John Auer and Phil Lawson of St. Petersburg and Nancy Bailey and Joe Formusa of Tampa were among 12 insurance and banking executives appointed by Gov. Jeb Bush on Monday to the newly created Property & Casualty Insurance Technical Advisory Committee. The panel, an offshoot of the governor's Property and Casualty Insurance Reform Committee, will focus on industrywide solutions to the insurance crisis and report to the insurance reform group. Auer is president of American Strategic Insurance; Lawson is president of Allstate Floridian; Bailey is president of Travelers of Florida; and Formusa is a senior vice president with State Farm Insurance Cos.

T-bill rates rise

Interest rates on short-term Treasury bills rose in Monday's auction, with the three-month bill climbing to the highest level since early 2001. The Treasury auctioned $17-billion in three-month bills at a discount rate of 4.990 percent, up from 4.975. An additional $16-billion in six-month bills was auctioned at 4.990 percent, up from 4.975.

CORRECTION

UTek Corp. had revenue of $2.5-million for the second quarter of 2005. An incorrect figure was given Saturday.

[Last modified August 8, 2006, 00:52:57]