April 23, 2007
The American Insurance Association (AIA) says the tort reform package (S.B. 507) recently passed by Oklahoma Legislature will reduce the number of frivolous lawsuits and therefore encourage economic development in the state. The bill awaits Gov. Brad Henry’s signature. According …
April 23, 2007
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 …
April 23, 2007
Brown & Brown, United Employers Insurance Brown & Brown Insurance Services of Texas Inc., a subsidiary of Fla.-based Brown & Brown Inc., acquired the assets of Houston-based United Employers Insurance Agency Inc. United Employers Insurance Agency is a retail insurance …
April 23, 2007
Dallas-based global insurance and reinsurance broker, Colemont, added Catherine L. Wall as assistant vice president and associate legal counsel. In this newly created role, Wall will assist in overseeing the company’s overall domestic legal needs, including monitoring and managing litigation …
April 23, 2007
Washington senators have approved a proposed Insurance Fair Conduct Act, passing it 31-18 mostly along party lines. The bill, which would prohibit the practice of delaying or denying an insurance claim without proper cause, and would allow the policyholder to …
April 23, 2007
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 …
April 20, 2007
Louisiana’s “insurer of last resort” has hired an insurance industry veteran as its new CEO, and he’ll face a raft of problems when he takes over next week. J. John Wortman, who’s been in the business since the early 1960s, …
April 20, 2007
The Oklahoma House this week passed a civil justice reform bill that supporters say will protect doctors from frivolous lawsuits that drive up the cost of malpractice insurance and medical care. The measure, supported by The State Chamber, a business …
April 18, 2007
A measure intended to curb the growing problem of copper theft in Oklahoma recently moved one step closer to becoming law. The full Senate voted in favor of House Bill 1399, which would require junk dealers to maintain detailed records …
April 17, 2007
The Oklahoma House of Representatives recently approved a bill that would protect Oklahoma’s farmers and ranchers from frivolous lawsuits claiming animal manure is toxic waste. Under Senate Bill 709, by state Sen. Ron Justice (R-Chickasha) and state Rep. Terry Hyman …