February 27, 2007
An Oklahoma City man was indicted in federal court on charges of making false claims for Hurricane Katrina disaster relief funds. A federal grand jury indicted Darryl Eugene Hayes, 31, on three counts of mail fraud and two counts of …
February 27, 2007
Oklahoma still has 650,000 citizens without health insurance, but Gov. Brad Henry hopes to chip away at the problem with two bills winding their way through the 2007 Legislature. According to the U.S. Census Bureau, Oklahoma has the fourth highest …
February 27, 2007
Authorities went door to door in search of an unknown number of people who remained unaccounted for after severe storms swept through southern Arkansas, shredding home and businesses and injuring at least 27 people. Residents reported seeing multiple tornadoes Saturday …
February 26, 2007
No need to be unkind “It’s not a popular position. I’ve had people who have said unkind things. I’ve had people who say I need to be replaced.” — Arkansas State Sen. Kim Hendren, R-Gravette, commenting on the unlikelihood that …
February 26, 2007
Wind-mitigating building codes implemented in Florida following Hurricane Andrew helped some houses resist a string of deadly tornadoes that hit the state earlier this month, says a wind researcher who surveyed the damage. Larry Tanner, a civil engineering research associate …
February 26, 2007
The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new committee assignments are for one year. International Insurance Relations Committee: Chair Diane Koken, commissioner, Pennsylvania Insurance Department, and Vice Chair Dorelisse Juarbe Jiminez, commissioner, …
February 26, 2007
Could federal regulation of the insurance industry become a reality, now that Democrats control both the House and Senate in Congress?And are consumers and the insurance industry ready for such a scenario? Other financial industries operate under federal regulation, why …
February 26, 2007
Hospitality Program Nuts & Bolts: Underwriters at PLIS are offering The Hospitality program, written on Lloyd’s paper covering named perils ranging from Aeromonas hydrophila to Yersinia enterocolotica. The policy has the benefit of: a “trade name trigger;” up to 25 …
February 26, 2007
A Tulsa woman expects to receive far less than the $61 million awarded to her by an Oklahoma City federal jury in her gender discrimination lawsuit because of a cap on non-economic damages. Kelly Grant, 38, said the jury must …
February 26, 2007
International Insurance Brokers Ltd., headquartered in Tulsa, Okla., filed suit in the United States District Court for the Northern District of Oklahoma against TeamBank N.A., Team Financial Inc. and Mystic Capital Advisors Group LLC claiming damages for conspiracy, fraud, misrepresentation …