Oklahoma News

13 Companies OK’d to Self-Insure for Workers’ Comp in Texas

The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved thirteen companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Regulation program. These thirteen companies collectively employ approximately 26,500 employees in Texas. Under …

Central Texas-Based MGA Adds Great American Markets

TAGA, an independent privately-owned managing general agency based in the Austin, Texas, area, announced it is now managing general agent for Great American Insurance Group to offer admitted property and inland marine markets. Great American Insurance Group is rated A …

Donegal Group Acquires Sheboygan Falls Insurance Company

Donegal Group Inc. recently reported that it had completed the acquisition of all of the outstanding capital stock of Sheboygan Falls Insurance Co. The acquisition was approximately $12 million, which includes a surplus contribution of $8.5 million to support the …

Declarations

Obama on Climate, Jobs “My presidency will mark a new chapter in America’s leadership on climate change that will strengthen our security and create millions of new jobs in the process.” —A Reuters story that ran on Nov. 19 credits …

Peter Lauve, of Abilene, Texas, has been named president of Texas-based Insurors Group. As Insurors Group president, Lauve, also a partner with CBS Insurance located in Abilene, will lead a network of Texas agents that recently was ranked as the …

Insurance Dollars an Electoral Force in South Central States

Congressional candidates from the South Central states of Arkansas, Louisiana, Oklahoma and Texas pulled in big donations from a variety of insurance industry interests in 2008, according to the Center for Responsive Politics, a nonpartisan independent research group that tracks …

Declarations

A Lawsuit-Driven System “Our lawsuit-driven system provides little benefit to injured workers and devours financial resources that would otherwise be used to grow our economy and create new jobs.” —Oklahoma State Rep. Mark McCullough says he plans a renewed push …

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. Waste Haulers Market Detail: ELM Insurance Brokers Inc. offers automobile and general liability coverage for …

Texas Woman Convicted of Insurance Fraud Among Bush Pardons

President George W. Bush has granted pardons to 14 individuals, including a Texas woman sentenced in 1998 for her part in an insurance fraud scheme. Brenda Jean Dolenz-Helmer of Fort Worth, Texas, was convicted of concealing knowledge of a crime. …

Why Hijack a Plane When You Can Seize a Supertanker?

When pirates armed with little more than AK-47s and rope ladders seized a supertanker last week, they showed how simple it is to storm a ship — a vulnerability that al Qaeda could exploit to attack the global economy. Security …