Oklahoma News

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. Energy Risks Market Detail: MarketScout has a team dedicated to energy accounts. They have the …

Hanover Enhances Towing, Rental Car, Other Personal Lines Benefits

The Hanover Insurance Group, Inc. is offering enhancements to its automobile and homeowners policies for towing, labor, and rental cars as well as waived deductibles and guaranteed policy renewals. The new personal insurance benefits — called Ultimate Service and Total …

Guns in Locked Cars at Workplace OK under Louisiana Senate Bill

Employees in Louisiana would have the right to keep a legally owned firearm locked in their car in a parking lot at their place of work, if the House goes along with a bill approved 28-4 in the state Senate. …

Texas Regulators OK Reinsurance Plan for Wind Pool

Texas Insurance Commissioner Mike Geeslin has approved the Texas Windstorm Association’s request for increased reinsurance for the 2008 hurricane season. TWIA, the state-backed “insurer of last resort”; for wind and hail for 14 counties along Texas’ Gulf Coast and for …

Ratings Recap: Triad, Truckers, Genworth, Arrow, American European, America Fuji, Farm Bureau, American Farmers

Standard & Poor’s Ratings Services has changed the outlook on its ‘B’ long-term counterparty credit rating on Triad Financial Corp. to negative from stable. “The outlook change reflects the company’s weak earnings and difficulty in obtaining stable, long-term funding for …

Insurance Industry Celebrates Women’s Achievements

May 18-24, 2008, marks National Insurance Women’s Week, a celebration recognizing the contributions women are making in all areas of the insurance industry. The National Association of Insurance Women began NAIW Week as National Insurance Women’s Day on May 10, …

Oklahoma Senate Approves Measure to Curb Copper Theft Epidemic

The Oklahoma Senate has approved legislation intended to curb the growing problem of copper theft. Senate Bill 1856, authored by Sen. Cliff Branan, R-Oklahoma City, would increase fines and punishments for the crime of copper theft and require more stringent …

After Verdict in Abuse Case, Vermont Judge Puts Lien on Church

A judge has agreed to put a lien of more than $10 million on property including the headquarters of the Roman Catholic Diocese of Burlington, Vermont, to secure damages won by the plaintiff in a suit alleging sexual abuse by …

Twisters Hit Record High Early in Season in Midwest

One account said that the tornado that hit Seneca, Mo., was a mile wide and traveled 60 miles on the ground before starting to dissipate. On May 4, 2008, the residents of Greensburg, Kan., remembered the anniversary of the tornado …

Alabama Students Hope Balloons Lead to Improved Tornado Warnings

Studying balloons’ payload could be first step toward programming Doppler radar to recognize tornado debris Three hot-air balloons dropped asphalt shingles, lumber, sticks, leaves and pine needles onto a north Alabama landfill, so scientists at the University of Alabama in …