Oklahoma News

Okla. Commissioner Testifies Before U.S. Senate

Oklahoma Insurance Commissioner Kim Holland told members of a U.S. Senate committee recently that federal law is impeding the ability of insurance commissioners to protect the elderly who buy Medicare managed care plans. In testimony before the Senate Special Committee …

2 Texans Arrested in La. in Multi-state Identity Theft Scheme

A pair of Texas men face a variety of charges after Louisiana authorities say they stole identities and defrauded businesses in three states of more than $1 million. Michael McDowell, 30, and Jason Mark Freeman, 31, both of Dallas, are …

Former HCC CEO to Advise Hallmark Financial Services

Property/casualty insurer Hallmark Financial Services Inc., headquartered in Fort Worth, Texas, announced it will employ the consulting services of Stephen L. Way through his company, SLW International LLC. Way is the recently retired founder, chairman and CEO of HCC Insurance …

Okla. Doctor says Legislators can go to Texas for Care

An Oklahoma surgeon said he will not treat legislators who voted against a bill to curb malpractice insurance rates and suggested they go to Texas for surgical procedures. Unless it is an emergency, Dr. Peter S. Hedberg said he will …

Hallmark’s Q1 Net Income Doubles Over Same Period Last Year

Fort Worth, Texas-based Hallmark Financial Services Inc. reported quarterly net income of $5.0 million for the first quarter ended March 31, 2007, representing a 105 percent increase over net income of $2.4 million for the first quarter of 2006. During …

Spring Wildfires, Floods Wreak Havoc from Coast to Coast

Nature’s fury made life miserable from one end of the United States to the other, with people forced out of their homes by wildfires near both coasts and the Canadian border and by major flooding in the Midwest. And although …

Double Duty: Agent-Soldiers Who Serve Their Country and Their Customers

Twenty-nine year old Peter Webb served his country in the U.S. Marines for eight years. Since then, Sergeant Webb has spent four years serving small businesses as an account manager and producer for an Oklahoma City independent agency. Now just …

My New Markets

Earthquake Nuts and Bolts: Wholesale Connection Insurance Services, located in Woodland Hills, Calif., added a new carrier to its list of Earthquake markets in California. Dollars: Capacity in zones A, B and E is $2,500,000 for primary and $5 million …

My New Markets

Outdoor Recreation and Hospitality Nuts & Bolts: The Great Outdoors Insurance Program written by Gillingham & Associates provides comprehensive coverage for Outdoor Recreation and Hospitality industries. Classes: guest ranches, guides & outfitters, resorts, hunting & fishing lodges, RV parks & …

People

Oklahoma City, Okla.-based BMSI Holdings, the holding company for BancInsure Inc., announced a number of promotions and appointments. Rodney N. Sargent was appointed president of BMSI Holdings and chief executive officer of the companies, and was elected a director of …