Oklahoma News

House Republicans in N.D. Back Party Fund for Workers’ Comp Agency

North Dakota’s workers’ compensation agency should have $50,000 set aside for employee gifts, parties and training, House Republicans decided, ignoring Democratic complaints that the kitty was a “slush fund” for dubious expenses. Rep. Frank Wald, R-Dickinson, asked to include the …

Measure to Curb ATV Injuries Advances in Okla.

A bill to require children under the age of 18 to wear crash helmets while operating or riding on an all-terrain vehicle on public land was approved by a Senate committee on April 3. The House-passed measure now goes to …

Okla. AG Warns of Potential Storm Scams

Oklahoma Attorney General Drew Edmondson is alerting consumers of the potential for home repair scams following recent severe weather in his state. “We have seen in the past that fraudsters sometimes roll in with the wind and rain,” Edmondson said …

Best Upgrades Beacon Insurance Group; Removes From Under Review

A.M. Best Co. announced it has upgraded the financial strength rating of Beacon Insurance Group (Beacon) of Wichita Falls, Texas, and its members to “B+” (Good) from “B-” (Fair) and assigned issuer credit ratings of “bbb-“. The FSR has been …

Tornadoes Kill 2 people in Oklahoma, 1 in Colo.

An early spring storm swept across the central U.S. early on March 29, spinning off tornadoes that killed an Oklahoma couple in a home that was blown to pieces and a Colorado woman whose small town was nearly destroyed. A …

A.M. Best Cites 15 P/C Insurers as Financially Impaired in 2006

Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane seasons and more diversified asset portfolios among life/health insurers. That is according to two new A.M. Best Co. special reports, …

Bristol West Rolls Out Auto Insurance Product in Okla.

Bristol West Holdings Inc. announced it has begun writing private passenger automobile insurance in Oklahoma. Bristol West said it entered Oklahoma by deploying Select 2.0, its highly segmented insurance product that utilizes the company’s proprietary credit model and proprietary symbol …

News Currents

R.I., Mass. safest while Wyo., Ark. deadliest states for truck crashes Wyoming and Arkansas are the deadliest states for truck crashes, according to a safety group that has called for tougher federal regulation to reduce fatalities hovering above 100 a …

TEEN DRINKING — SOUTH CENTRAL STATES

According to the Pacific Institute for Research and Evaluation costs to states generated by underage drinking include medical care, work loss, and pain and suffering associated with the multiple problems caused by the use of alcohol by youth. Following is …

Okla. Commissioner: Faith-based benefit firm considered an insurer

TITLE: Okla. Commissioner: Faith-based benefit firm considered an insurer A Tulsa, Okla.-based Christian organization that pools member money to pay medical bills, but says it isn’t an insurance company, is still going to be treated like one, a state official …