The Oklahoma Insurance Department (OID) said it is actively investigating a home warranty company that it says has issued warranty policies in that state without a license and now is not paying claims. The OID has received numerous consumer complaints …
The Oklahoma Insurance Department (OID)’s Oklahoma City office is relocating to a new facility, effective Feb. 10. The new location is 400 NE 50th St. in Oklahoma City. As part of the moving process, email and network access will be …
An international forum of insurance experts meeting in Tulsa, Oklahoma, said the Insurance Business Transfer law expected to bring an economic boost to the state. The IBT law creates a way for insurers to transfer entire blocks of business to …
Oklahoma Insurance Commissioner John D. Doak has appointed Ron Kreiter as deputy general counsel at the Oklahoma Insurance Department (OID). Kreiter previously worked at the OID from 1980-1987 as an assistant commissioner and staff attorney. He brings with him more …
Andrew Schallhorn has been appointed as chief actuary at the Oklahoma Insurance Department (OID), effective Sept. 24. Schallhorn formerly was president of Reserve National Insurance Co. In a departmental press announcement, Oklahoma Insurance Commissioner John D. Doak called the position …
Oklahoma has a new vendor for licensing exams for insurance professionals and bail bondsman. The Oklahoma Insurance Department (OID) reported that Prometric will develop and deliver exam content for all of OID’s statewide licensing examinations. Oklahoma requires insurance professionals and …
Strong winds are fueling more than two dozen wildfires burning across Oklahoma and Texas. Authorities say one blaze in western Oklahoma is estimated to be nearly 40 miles across at its widest point. Oklahoma Forestry Services spokeswoman Michelle Finch-Walker says …
The Oklahoma Insurance Department (OID) recovered more than $3 million for policyholders in 2017. The money was paid out to Oklahoma consumers who had claim disputes with their insurance company. OID’s Consumer Assistance/Claims Division, which processes and investigates all complaints …
The full Senate has approved legislation to transfer oversight of Oklahoma’s Compulsory Insurance Online Verification System (OCIVS) for motor vehicle liability policies from the Department of Public Safety (DPS) to the Oklahoma Insurance Department (OID). Senate Bill 115, authored by …
A Tulsa, Okla., man who filed a bogus insurance claim and assaulted an insurance adjuster has been sentenced to life in prison, the state insurance department announced. Prentice E. Ponds II, 43, was on parole at the time of the …
