CompSource Oklahoma News

Oklahoma Lawmakers Call for First Responder Workers’ Comp Coverage for COVID-19

A group of Republican lawmakers from the Oklahoma House of Representatives are asking the Oklahoma Municipal League (OML), Oklahoma Municipal Assurance Group (OMAG), CompSource Oklahoma and self-funded municipalities to cover and provide workers’ compensation benefits to any first responder testing …

Ramsey Appointed to Oklahoma CompSource Board

A former state representative and director of a statewide Oklahoma independent insurance agents group has been appointed to the board of director of the insurance company for the state’s workers’ compensation system. Gov. Mary Fallin has appointed Dan Ramsey to …

State Supreme Court Upholds Mutualization of Oklahoma’s CompSource

The Oklahoma Supreme Court has upheld a plan to convert the state workers’ compensation insurance provider into a mutual company. The state’s highest court handed down a decision on March 11 that affirms legislation adopted last year to convert CompSource …

Bill Mutualizing CompSource Oklahoma Sent to Governor

A bill converting the nonprofit CompSource Oklahoma into an independent mutual company was passed by the House and Senate and sent to the governor for her signature. CompSource writes about one-third of Oklahoma’s workers’ compensation policies. Under House Bill 2201, …

Oklahoma Agents Group Pleased with Progress of State Legislation

Oklahoma’s independent insurance agent association says measures of interest to the group are moving so quickly in the state Legislature this year it is cancelling an annual event furing which member speak with lawmakers on legislative issues. The Independent Insurance …

Bill Would Convert CompSource Oklahoma to Mutual Company

A plan to convert the state workers’ compensation insurance agency into a mutual company has been approved by the Oklahoma House. The House voted 68-27 for the bill to convert CompSource Oklahoma into the CompSource Mutual Insurance Co. The new …

Oklahoma Senate Votes to Privatize CompSource Agency

The Oklahoma Senate has approved legislation to privatize the state’s nonprofit workers’ compensation agency. The Senate passed the measure by a vote of 36-11. It heads to the House, where a similar bill is pending. The bill by Senate President …

Oklahoma House Panel OKs Plan to Privatize CompSource

A plan to privatize Oklahoma’s not-for-profit workers’ compensation insurer has been approved by a House committee. A bill that would convert CompSource Oklahoma from a state entity to a private company owned by policyholders has passed through the House Insurance …