Oklahoma News

Business Moves

Burnett Holdings, QBE New Orleans-headquartered insurance wholesaler Burnett Holdings Inc. (Burnett) was acquired by QBE Holdings Inc. (QBE), part of Sydney, Australia-based QBE Insurance Group, effective Dec. 31, 2008. The company will continue to operate under the name of Burnett …

Operational Efficiency Should Be Priority No. 3 for Agency Managers

Managing an independent insurance agency in today’s economy and soft market forces agents to set priorities. Juan Andrade, executive vice-president for sales and distribution at The Hartford, who oversees his company’s agency management consulting arm, Business Management Group, previously identified …

The Relative Calm

At New York Forum, Industry Insiders Credit Risk Management for Minimizing Recession’s Impact To many, the insurance world seems to operate on its own theory of physics. And to the hundreds of high-powered industry execs who gathered on the third …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Fire Protection Contractors Market Detail: McNeil & Co. brings agents the FireWatch Program. This is …

Operational Efficiency Should Be Priority No. 3 for Agency Managers

Managing an independent insurance agency in the current hard economy and soft market requires agents to set priorities. In the Jan. 28, 2009, issue of Insurance Journal, Juan Andrade, executive vice-president for sales and distribution at The Hartford, identified customer …

Demographic Shift Offers Opportunity for Agents

Minorities Destined to Become Majority by Mid-Century Before the 21st century reaches the half-way mark, more than 50 percent of the population of the United States will be represented by a vast cultural mix of people considered to be “minorities,” …

Oklahoma Boating Under the Influence Measure Goes to Full Senate

The Oklahoma Senate Appropriations Committee has approved 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. Senate Bill 902 by Sen. Bill Brown would also …

Okla. Bill Requiring Senate to OK Work Comp Judges Moves Ahead

A resolution calling for a vote of the people to determine if gubernatorial Workers’ Compensation Court appointments in Oklahoma should require Senate confirmation passed a House Committee, the state House of Representatives reported. The change called for in House Joint …

55 Wells Around Northeast Oklahoma Town to Be Tested for E. Coli

The Oklahoma Department of Environmental Quality said it is testing 55 private water wells within a five-mile radius of the northeastern Oklahoma town of Locust Grove to ensure the safety of drinking water in the area. The testing comes after …

Attorney Contingency Fee Cap Bill Passes Oklahoma House

Oklahomans would be able to vote to reduce the cap on plaintiff attorney contingency fees, allowing the injured party to retain more of their award, if legislation approved by the House of Representatives is placed on the ballot. Currently, contingency …