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 floor of the Waldorf-Astoria in New York earlier this year, there is a …
Oklahoma Insurance Commissioner Kim Holland declared a state of emergency following the recent deadly tornadoes and severe weather in her state. The declaration enables emergency claims adjusters to be licensed temporarily to expedite the insurance claims process and provide immediate …
Buffalo, N.Y.-based Merchants National Insurance Company, a wholly-owned excess and surplus lines subsidiary of Merchants Insurance Group, began accepting new business on Feb. 1, 2009. The company reported as of that date it has been approved in 10 states. The …
Insurers such as Zurich and Farmers have announced they are sending catastrophe response teams to Arkansas, Oklahoma and Texas, areas pummeled by severe weather earlier this week. Especially hard hit by a cluster of tornados on Feb. 10 was Lone …
Former Oklahoma Insurance Commissioner Carroll Fisher has pleaded no contest to accepting bribes and has been ordered to spend six months in a private lock down facility, where he will be eligible for a work release program. Oklahoma County District …
The Oklahoma Senate General Government Committee has approved legislation sponsored by Sen. Debbe Leftwich that would require contractors to have general liability and workers’ compensation insurance before they can be issued residential building permits. Leftwich, an Oklahoma City Democrat, said …
Lawyers for the survivors and relatives of the 100 people killed in a nightclub fire almost six years ago asked a judge Friday to approve a formula to distribute proceeds from a $176 million settlement. The lawyers said in court …
Librarians, clothing makers, craft sellers and thrift-store owners received a reprieve Friday from federal regulators who moved to quell confusion over a new product safety law. The Consumer Product Safety Commission issued what amounts to temporary exemptions to a new …
Occupants, including an insurance company, are being asked to move out and the public is being barred from one of Norman, Okla.’s tallest building due to structural problems The Financial Center, constructed in 1972, was closed on Feb. 6 after …
Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers – who dominate sales in this segment – Liberty Mutual has decided to join them. …
