A founding partner at Doran, Sims, Wolfe, and Ciocchetti in Daytona Beach, Florida, Ted Doran is an attorney who loves to give back to his community. In this capacity, Ted Doran contributes to the FUTURES Foundation for Volusia County Schools.
The FUTURES Foundation’s mission is to engage leadership from businesses and government to help improve Volusia County students’ education and better prepare them for college and university. One of the Foundation’s projects is called the Turn Around program, which recognizes students who improve in terms of attendance, grades, attitude, or their level of involvement in school programs. Turn Around is intended to help prevent students from dropping out by acknowledging and rewarding their hard work.
Many of the students facing difficulties in terms of their schoolwork and behavior often don’t receive much support or positive reinforcement, and as such may be at a higher risk of dropping out. A Turn Around award may show them that hard work pays off and that they are appreciated by their communities, in spite of or even especially if they are facing particularly difficult challenges.
Winners receive a certificate and are invited to a gala dinner with their parents and community members. In 2016, 80 Volusia County students in middle school and high school received awards from the Turn Around program.
Ted Doran is a Daytona Beach, Florida-based attorney with experience in civil litigation and representing government entities. In 2005, he obtained a jury verdict and judgment in excess of $18 million on behalf of the State of Florida as Receiver of a failed medical malpractice self-insurance fund. Ted Doran’s work on the case helped to refund over $10 million to medical care providers across Florida.
Malpractice insurance premiums vary from practice to practice. Obstetricians, for example, pay premiums ranging from $20,000 per year to $200,000 per year depending on which state they practice in. Generally, the cost of insurance is about 10 percent of billed appointments and procedures. Suit resolution can take at least three years, and is very costly.
In an attempt to avoid cost-prohibitive premiums, some doctors seek alternatives such as self-insurance. Self-insurance is a strategy in which a firm will place money aside into an account to provide for losses in the event of a malpractice suit. This solution is impractical for many, as there are legal and business obstacles to this approach. The risk of litigation is maintained by the firm, and financial disaster in the wake of a large lawsuit is a very real possibility. Some doctors in atypical situations, however, may find it worth considering self-insuring in order to keep practicing. Experts recommend that physicians considering this strategy obtain legal advice on the best way to proceed.
Daytona Beach, Florida, attorney Ted Doran has over 30 years’ experience in law. He is versed in civil litigation and representation of government entities in complex legal issues. In 2013, Ted Doran achieved on behalf of the State of Florida a $15 million judgement, the third-largest award in a Florida receivership.
The Florida Department of Financial Services, Division of Rehabilitation and Liquidation administers insurance companies that are placed into receivership in Florida. Under Florida Statutes (Chapter 631), the receivership can be for purposes of rehabilitation or liquidation.
The Receiver, as the rehabilitator, has wide discretion to prepare a plan to assist a company to resolve its difficulties. The Receiver is responsible for taking actions necessary to correct the conditions that necessitated the receivership. By statute and court order the Receiver is authorized to conduct all business of the insurer, may direct, manage, hire, and discharge employees, is authorized to manage the property and assets of the insurer as it deems necessary and may file for release of the company from receivership if rehabilitation efforts are successful and grounds for receivership no longer exist. When an insurance company cannot be rehabilitated, the Department petitions the court to place the company into liquidation.
In liquidation proceedings, the Receiver takes possession of the assets of the insurer and administers the assets. The Receiver also assists in the transition of policyholders to other insurance coverage, conducts investigations into the causes of the insolvency, collects all money due the insurer, litigates, as necessary, to recover any funds that may be owed to the insurer, sells assets such as real and personal property and evaluates and pays claims with available assets.
Doran Sims Wolfe & Ciocchetti
With over 30 years of experience as a civil litigation attorney representing many government entities, Ted Doran is a senior partner at the Daytona Beach, Florida, law firm of Doran Sims Wolfe & Ciocchetti. Ted Doran has previous experience as an associate attorney at Leonhardt & Upchurch, also in Florida. In 2002, Mr. Doran represented the school boards of Volusia and Monroe counties in a case challenging the methods used by the Florida Department of Education to calculate school district cost differentials.
A school district cost differential is a yearly adjustment to education appropriations from the government, with the purpose of adjusting the base state funding of a school district based on the price of goods, services, and wages in the county in an attempt to better reflect actual funding needs.
This adjustment can increase or decrease state funding for a school district depending on cost-of-living indices and other factors. A wage index, for example, can have an effect on the amount of funding a school district receives. The implementation and methodology used can have a major impact on individual school districts.