Monthly Archives: <span>July 2016</span>

Oklahoma Regulators Probing Oil, Gas Activity Near Site of New Quakes

Oklahoma’s oil-and-gas regulators are investigating a recent cluster of earthquakes recorded near Blanchard, about 30 miles south of downtown Oklahoma City, including three of magnitude 3.0 or higher. The Oklahoma Corporation Commission announced it is investigating all oil and gas …

Arkansas Company Recalls 5,850 Pounds of Chicken Products

Arkansas-based Simmons Prepared Foods says it’s recalling 5,850 pounds of frozen chicken products that may have been breaded with flour contaminated with E. coli bacteria. Simmons says the frozen, uncooked chicken tenderloins were produced on Jan. 25 and sold in …

In Office Expansion, Oak Street Funding Moves to Indianapolis

Indiana-based Oak Street Funding a commercial lender to financial services business nationwide, is relocating its offices from Carmel to Indianapolis. The company said in its announcement that the move will accommodate recent and projected future growth. Oak Street Funding has …

Illinois Emergency Medical Service Provider Fined $290K for Workplace Hazards

Federal safety and health investigators have cited Altamont Ambulance Service Inc. in Fairview Heights, Ill., for workplace safety and health violations and find the company $290,100. The federal Occupational Safety and Health Administration said Altamont failed to follow specific guidelines …

Ratings of Preferred Physicians Medical Risk Retention Group Upgraded

A.M. Besthas upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Preferred Physicians Medical Risk Retention Group Inc. (Preferred Physicians) in Kansas City, Mo. The outlook for each …

North Dakota Storms Cause Widespread Crop, Property Damage

Recent storms that have dropped heavy rain and hail across North Dakota have caused headaches for motorists, farmers and homeowners. Weekend storms caused widespread crop and building damage in the Killdeer area, where hail piled up like snowbanks. Wahpeton got …

Crop Hail Damage Claims on the Rise in Montana

State officials say damage claims for Montana crops due to hail are nearly double what they’ve been in recent years. The Billings Gazette reports the state Department of Agriculture’s Walt Anseth says farmers submitted 200 insurance claims from January to …

Allstate Names Macellaro President of Encompass

The Allstate Corp. has promoted Patrick Macellaro, vice president, Investor Relations, to president of the Encompass insurance companies. Macellaro will report to Don Civgin, president, Emerging Businesses. Macellaro has more than 20 years of experience in the insurance and finance …

Failing Illinois Health Insurance Co-Op to Be Shut Down

An Illinois health insurance co-op with 49,000 policyholders in the state has become the latest casualty among a dwindling group of nonprofit alternative insurers set up under the Affordable Care Act. Illinois regulators took steps on July 12 to shut …

Vandals Cause $80K in Damage to Oklahoma Grain Elevator

Enid, Okla., police are asking for the public’s help to find whoever caused $80,000 in damage at an area grain company. KOCO-TV reports that someone went into a grain elevator through an unlocked door, opened 190 grain chutes and let …