Oklahoma News

Montpelier Re Completes U.S. Surplus Lines Acquisition

Bermuda-based Montpelier Re Holdings Ltd. announced that Montpelier US, its Hartford-based subsidiary, has completed the purchase of a US Excess & Surplus lines insurance company after receiving regulatory approval from the Oklahoma Department of Insurance. “The agreement, which was first …

Okla.’s Anti-Illegal Immigration Law Affecting Agriculture Sector

Oklahoma’s new anti-illegal immigration law has some farmers and agricultural businesses scrambling for laborers as Hispanic workers fearful of being deported stay away from work. House Bill 1804, which went into effect Nov. 1, gives local authorities more enforcement options …

Countrywide $12,332,430,917 $12,167,900,762 $5,285,472,723 $2,651,577,175 65.23% 2006 Median 59 110,000,179 107,269,345 36,414,631 49,103,281 59.46% 2006 Mean 59 228,378,350 225,331,496 97,879,125 21,221,188 55.46% Arkansas 57 87,579,896 85,573,978 42,024,625 21,345,608 74.05% Louisiana 58 104,426,432 107,932,838 24,146,295 26,840,268 47.24% Oklahoma 57 145,271,247 142,804,894 …

My New Markets

Agents E&O Nuts & Bolts: Market Scout is offering a broad coverage form from three different “A” rated carriers. Each insurer has agreed to provide up to 25 percent discounts for agencies that have 40 percent of their professional staff …

Countrywide $12,200,660,075 $11,927,617,526 $6,176,719,446 $2,724,496,917 74.63% 2005 Median 59 113,533,595 111,676,520 42,324,666 50,453,647 65.41% 2005 Mean 60 225,938,150 220,881,806 114,383,693 21,962,966 68.71% Arkansas 59 83,681,965 84,612,429 44,967,411 18,817,471 75.38% Louisiana 58 113,192,585 111,333,640 47,743,860 34,680,042 74.03% Oklahoma 60 146,343,586 141,905,653 …

Figures

444 Oklahoma had 444 fewer accidents, and nine fewer fatal wrecks, involving teenaged drivers in 2006 than it did in 2005, according to State Sen. Debbe Leftwich, D-Oklahoma City. Leftwitch attributed the reduction in accidents to the state’s graduated drivers …

My 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. Home Fuel Oil Delivery Nuts & Bolts: International Excess of Pittsburgh is offering coverage for …

Insurers Used Variety of Resources to Reach Out to Fire Victims

In the midst of the blazing wildfires that overwhelmed seven Southern California counties in October, insurance companies sprung into action. Most said they had learned from past catastrophes and that preparation was key to minimizing losses. According to Erron Al-Amin, …

My New Markets

Home Fuel Oil Delivery Nuts & Bolts: International Excess of Pittsburgh is offering coverage for propane, petroleum and fuel oil distributors. Coverages includes property, inland, commercial general liability, business auto and umbrella liability. p:Dollars: Up to $5 million. p:Carrier: Rated …

My New Markets

Monthly Pay Renters Insurance Nuts & Bolts: TCBTI LLC is offering a List Bill Monthly Pay Renters Insurance Program that allows coverage for all residents of an apartment complex on a list bill, monthly pay basis. No credit score underwriting …