Oklahoma News

BancInsure Products Now Available to Bankers, Agents in Texas

Oklahoma-based BancInsure’s insurance and risk management products are now available to Texas bankers through their local independent insurance agents, the company announced. “As a former Texan I understand the extraordinary value of relationships and the desire for choice in the …

Earthquake Reported in Central Oklahoma

The U.S. Geological Survey is reporting an earthquake southwest of Oklahoma City. The quake had a preliminary magnitude of 3.4 and no injuries or damage were reported. The U.S.G.S. say the earthquake was felt about 5:19 a.m. Wednesday and its …

1 in 4 Oklahoma Motorists Uninsured

About one in four Oklahoma drivers is uninsured, the fourth-worst rate in the nation, according to a recent study. The study by the Insurance Research Council, which includes data from 2007, shows 24 percent of Oklahoma motorists have no insurance …

Hub’s Forystek Named President of Missouri’s UMB Insurance

Kansas City-based UMB Financial Corp. reported that Roger Forystek has joined the company as president of its insurance subsidiary, UMB Insurance. He will be responsible for overseeing the insurance company and managing growth of insurance sales and distribution. Forystek has …

Great Northwest Insurance Outlook Revised to Negative by A.M. Best

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of B+ (Good) and issuer credit rating (ICR) of “bbb-” of Great Northwest Insurance Co., which is headquartered in St. Paul, Minn. …

Oklahoma State Senator Files Business Data Protection Bill

Oklahoma State Sen. Dan Newberry has filed legislation to strengthen the state’s laws on business data protection. SB 1013 adds copying customer lists and business records without authorization to the state’s criminal statutes concerning larceny of trade secrets. “We have …

They’re Baaaaack!

The lawmakers are back, at least in Arkansas, Oklahoma and Texas. Louisiana has to wait until April for the pleasure. For now, though, bars and restaurants in Little Rock, Oklahoma City and Austin will rejoice in the increase in receipts …

Louisiana Ranks Highly in Highway Safety Report

A report recently released by the Washington, D.C.-based Advocates for Highway and Auto Safety included Louisiana in list of 15 states to have made progress in enacting key highway safety laws. Arkansas, Oklahoma and Texas did not fare so well. …

Texas Mutual Gains Legal Ground in Oklahoma, Tennessee Cases

Texas Mutual Insurance Company reported it has secured legal victories in two workers’ compensation cases that originated in Oklahoma and Tennessee. In a statement released by the company, Texas Mutual Insurance said on Jan. 16, 2009, it received a favorable …

Willis HRH Appoints Leaders for South Central and West Regions

Willis HRH, the North American retail division of Willis Group Holdings, the global insurance broker, has named Mike Phillips as regional growth leader for its South Central Region and David Hofele as regional growth leader for its West Region. Phillips …