Oklahoma News

Okla.’s PLICO climbs out of $143M hole

Oklahoma-based Physicians Liability Insurance Comp-any (PLICO) in just over two years has overcome a $143 million surplus deficit. Carl Hook, M.D., president and CEO of PLICO, said the company met the goal one and one-half years in advance of a …

My New Markets

Environmental Casualty Coverage Nuts & Bolts: USAssure Insurance Services provides enhancements such as general liability, automobile, workers’ compensation, owners and contractors protective liability, as well as umbrella/excess coverage. Our target market includes, but is not limited to: environmental contractors, consultants …

Declarations

They tried to work with him “The Arkansas Insurance Department tried to work with Mr. Middleton in order to ensure prompt restitution to the victim for the various annuities or insurance products he sold. He failed to act responsibly and …

News Currents

Ohio Casualty officially joins the Liberty Mutual agency family With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and …

My New Markets

Insurance Agents E&O Program Nuts & Bolts: Brown & Brown of California Inc. – Programs Division has a new errors and omissions market designed for agents that have been in the industry three or more years, with revenue under $3 …

My New Markets

Insurance Agents E&O Program Nuts & Bolts: Brown & Brown of California Inc. – Programs Division has a new errors and omissions market designed for agents that have been in the industry three or more years, with revenue under $3 …

Okla. Commissioner Revokes Phipps’ Insurance License

Oklahoma Insurance Commissioner Kim Holland revoked the insurance license of abstract company owner Steve Phipps, who is at the center of an ongoing federal investigation into illegal campaign financing. Holland took the action in a six-page petition filed with her …

Commissioner Position Not Included in Push for Term-limits in Okla.

Supporters of an initiative petition that proposes term limits for many statewide elected offices in Oklahoma will not seek to limit the terms of the state insurance commissioner and three corporation commissioners. James Dunn, chairman of Yes for Term Limits, …

Mo. Bridge Project Could Serve as National Model on Repairs

A month after the deadly Minneapolis bridge collapse, Missouri lawmakers are poised to approve a massive bridge repair project that could serve as a national roadmap for renovating aging infrastructure. Missouri plans to quadruple the pace of its bridge repairs …

Okla. Physicians Liability Insurer Overcomes $143M Deficit

Oklahoma-based Physicians Liability Insurance Company (PLICO) announced that in just over two years it has overcome a $143 million surplus deficit. Carl Hook, M.D., president and CEO of PLICO, said the company met the goal 1.5 years in advance of …