Oklahoma News

Bottom Line: Allstate’s Aggressive Personal Lines Strategy Paying Off

When a series of killer hurricanes walloped the Gulf Coast in 2005, costing Allstate Corp. a record quarterly loss of $1.55 billion, the company tried to make sure its bottom line would never be hit so hard again. The nation’s …

Effective Date Approaching in Okla. for New Resident Producer Rule

Rules affecting new resident producer license applicants in Oklahoma will be implemented Nov. 1, 2007, the Oklahoma Department of Insurance announced. Beginning on that date applicants for a resident producer license must satisfy one of the following: 1. Fulfill the …

Judges Clear Way for Wrongful Death Suit Against Blackwater Unit

A three-judge panel in Florida says a lawsuit can proceed against the operator of a plane that crashed in Afghanistan in 2004, killing three Army soldiers. The contractor operating the plane, Presidential Airways Inc., is the aviation subsidiary of Moyock, …

Former Okla. Police Officer Sentenced in Insurance Fraud Case

A former Muskogee, Okla., police captain has received a one-year suspended sentence and a $1,000 fine after being found guilty of filing a false insurance claim. A Muskogee County jury convicted Jim Wooten in late July and he was sentenced …

My New Markets

Trade and Professional Associations Nuts & Bolts: Aon Association offers coverage to 56,000 nonprofit organizations and their members throughout the U. S. Clients range in size and needs from an Elks Lodge seeking general liability coverage to a long-term care …

My New Markets

Trade and Professional Associations Nuts & Bolts: Aon Association offers coverage to 56,000 nonprofit organizations and their members throughout the U. S. Clients range in size and needs from an Elks Lodge seeking general liability coverage to a long-term care …

Case Watch

Agent/Broker Liability Lin v. Metro Allied Ins. Agency Tex. App. 1st Dist., Aug. 31, 2007 Insurer liable under DTPA for its agent’s failure to procure insurance. An insured accepted a commercial general liability policy quote from an insurer’s agent and …

My New Markets

Workers’ Comp, Security, Investigative Agencies Nuts & Bolts: A guaranteed cost workers’ compensation program for security guard and investigative agencies is available from The Mechanic Group. Dollars: Up to $1 million. Carrier: The Hartford rated “A+” XV by A.M. Best. …

My New Markets

Trade and Professional Associations Nuts & Bolts: Aon Association offers coverage to 56,000 nonprofit organizations and their members throughout the U. S. Clients range in size and needs from an Elks Lodge seeking general liability coverage to a long-term care …

Case Watch

Agent/Broker Liability Lin v. Metro Allied Ins. Agency Tex. App. 1st Dist., Aug. 31, 2007 Insurer liable under DTPA for its agent’s failure to procure insurance.An insured accepted a commercial general liability policy quote from an insurer’s agent and paid …