Oklahoma News

How Independent Agencies Reduce E&O Exposure

40 Risk Management Steps Independent Agents Implemented to Lower Their Risk The exclusive 2008 Insurance Journal Agency E&O Survey asked independent agents what risk management steps their agency has implemented to reduce their errors and omissions exposure. Here’s what some …

Amputee’s Case Asks If FDA Label Immunizes Drug Firms from Liability

When Diana Levine turned 63 recently, her daughter made her birthday card, drawing on Greek mythology with an illustration of Diana the Huntress, her bow string drawn taut, an arrow ready to fly. But the arm pulling at the bowstring …

Oklahoma Gets HUD Funding to Aid in Disaster Recovery

The state of Oklahoma will get nearly $1.8 million to help pay for recovery efforts from spring storms, tornadoes and flooding in four counties. U.S. Housing and Urban Development Secretary Steve Preston announced Tuesday Oklahoma will receive $1,793,876 from HUD’s …

FEMA Trailers in Iowa Exceed Formaldehyde Levels Considered Safe

A local television station has found high levels of formaldehyde in trailers issued to flood victims by the Federal Emergency Management Agency (FEMA). The agency responded Tuesday by questioning the survey’s methodology and attributing high levels of the carcinogen to …

New Van Provides Better Road-Condition Pictures in Arkansas

The Arkansas Highway and Transportation Department’s newest vehicle carries a steep price tag. At $1.39 million, plus tax, it costs almost as much as a 1,000-horsepower 2008 Bugatti Veyron super car. But while the Bugatti can hit a top speed …

Hurricanes, Credit Crunch Hit Louisiana, Texas Agriculture

Like farmers and ranchers across the United States, agriculture producers in Texas and Louisiana have been impacted by rising fuel and fertilizer costs, and they fear the credit squeeze gripping the nation will make it harder to get loans to …

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. Medi-Tourism Professional Liability Market Detail: Arrowhead Wholesale Insurance Services LLC brings to market a professional …

Oklahoma Lawmakers Consider Making ATVs and UTVs ‘Street-Legal’

Members of the Oklahoma House Transportation Subcommittee are considering whether to draft legislation making four-wheeled all-terrain and side-by-side utility vehicles “street legal. State Representatives Wallace Collins (D-Norman) and Joe Dorman (D-Rush Springs) requested a study to determine the viability of …

US Credit Crisis Threatens New Orleans’ Recovery

A prolonged recession and a tight credit market would cripple New Orleans’ still-fragile recovery from Hurricane Katrina, delaying or eliminating road work, new construction and repairs to homes and businesses that have stood empty since 2005. The city’s infrastructure plans …

Donegal Insurance Reports 3Q to Reflect Hurricane, Securities Events

Marietta, Pennsylvania-based Donegal Group Inc. reported that its net income for the third quarter of 2008 will reflect realized investment losses related to its equity securities and claim activity resulting from Hurricane Ike in Ohio and western Pennsylvania on September …