A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Bermuda-based Montpelier Reinsurance Ltd. and Montpelier US Insurance Company (MUSIC), which is based in Oklahoma City. Best also affirmed …
Oklahoma Attorney General Drew Edmondson and Jon Brock, executive director of the Oklahoma Employment Security Commission(OESC), are warning consumers about scams aimed at Oklahomans who may have fallen on hard times. The Oklahoma Employment Security Commission has received reports from …
Florida emergency manager Craig Fugate would bring a lot with him if he takes over the Federal Emergency Management Agency: plenty of hurricane experience, a blunt style, and a belief that preparation begins on the local level. Former Gov. Jeb …
Florida-based Main Street America Group reported it achieved a $43.6 million underwriting profit in 2008, the largest in its 85-year history and 38 percent higher than its 2007 underwriting profit of $31.7 million. The super regional property/casualty carrier’s corporate combined …
A bill introduced into the Oklahoma State Senate that provides tax credits for victims of the Feb. 10, 2009, storms that destroyed dozens of homes and businesses and caused multiple fatalities is now headed to the House of Representatives. Sen. …
Legislation that would lower the legal blood alcohol concentration limit for the offense of boating under the influence from 0.10 percent to 0.08 percent has been approved by the Oklahoma Senate. The measure would also prohibit children under the age …
State Senate confirmation of judges in Oklahoma’s workers’ compensation system would be required under legislation approved by the state House of Representatives that was quickly condemned by a spokesman for Gov. Brad Henry, who appoints the state’s workers’ comp judges. …
Florida Gov. Charlie Crist says he’s OK with Citizens Insurance raising its property insurance rates. But not by too much. Crist said he didn’t favor rates be increased dramatically, but that he wanted to be sure the state-backed insurer remains …
The Oklahoma House has passed legislation that critics say limits workers’ compensation benefits for workers who suffer soft tissue injuries. House members voted 62-33 for the measure and sent it to the Senate for a vote. The bill by Rep. …
Austin, Texas-based Combined Agents of America LLC (CAA) announced it has expanded outside of Texas with two new members, Ed Berrong Insurance Agency, based in Oklahoma and Bridges Group Inc., based in Kansas. A family-owned agency, Ed Berrong Insurance Agency …
