Oklahoma News

Northern Oklahoma Assesses Damage from TD Lowell

Almost forgotten in the drama of Hurricane Ike playing out on the Gulf Coast was the damage wrought in Oklahoma by the remnants of Tropical Depression Lowell. Severe flooding was reported after heavy rains inundated northwestern and north-central Oklahoma communities …

Blogs Can Get Insurance Clients ‘SLAPP’ed

A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondo Investments). Hollo …

Blogs Can Get Insurance Clients ‘SLAPP’ed

A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondo Investments). Hollo …

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. Insurance Intermediary E&O Market Detail: Quadrant Insurance Managers makes available a professional liability program designed …

Officials Say Oklahoma Banks Are Solid

Oklahoma’s economy will not be substantially affected from the credit crisis that led to the bankruptcy of Lehman Brothers, officials said. Bank failures are expected in several states, but Oklahoma Banking Commissioner Mick Thompson said state banks, for the most …

NYMAGIC Builds Surplus Lines Brokerage Network

NYMAGIC, Inc. reported that its MMO Agencies unit has begun to write new business through 10 offices of surplus lines agents in Florida, New York, New Jersey and Kentucky, and that it expects to add offices of surplus lines agents …

Okla. Gov. Declares Emergency Ahead of Hurricane Ike

Gov. Brad Henry has declared a state of emergency for Oklahoma in case hurricane evacuees from Texas are brought to the state. Hurricane Ike is expected to hit Texas Saturday and Oklahoma Department of Emergency Management spokeswoman Michelann Ooten says …

Oklahoma Agents Group Surveys Legislative Candidates on Issues

As the political season moves into high gear, the Independent Insurance Agents of Oklahoma (IIAO) has released the results of a non-partisan survey of candidates for state legislative offices. The association acknowledged that many candidates did not respond to its …

A.D. Carlton Rolls Out New Market for Artisan Contractors in Ill., Texas

Irving, Texas-based A.D. Carlton Insurance, a wholesale broker and MGA specializing in contractors, has introduced a new general liability market for artisan contractors in Texas and Illinois. Program details include: $700 minimum premium for $1 million per occurrence limit; $250 …

Improperly Installed Gas Lines Pose Fire Hazard to Indiana Homes

Improperly installed ultra-thin gas lines have left thousands of central Indiana homes in danger of fuel-fed fires if struck by lightning, but the state has made no concerted effort to warn homeowners, a report issue on Sunday, September 7 said. …