Oklahoma News

Oklahoma-based IIB sues Team Bank, Mystic Capital Advisors

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 …

New Markets

Monoline Energy Accounts Nuts & Bolts: MarketScout launched a new exclusive monoline energy workers’ compensation program that accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory and $1 million employers’ …

S.C. Gov. Sanford’s Business Reforms Include Workers’ Comp

Reforms aimed at improving South Carolina’s climate for small businesses are high on Gov. Mark Sanford’s list of things to do. The governor’s three-point plan – outlined in his State of the State last month – would lower income taxes, …

Okla. Panel Approves Medicaid Expansion Plan

A bill to expand the number of Oklahoma children that qualify for Medicaid benefits passed the Senate Rules Committee on Wednesday. Oklahoma Gov. Brad Henry urged passage of the “All Kids Act” in his State of the State speech on …

Bass Underwriters Offering BOP Program

Bass Underwriters has a new admitted program for BOPS targeting a varied selection of risks. The program will entertain such businesses as beauty and nail salons, clothing stores, convenience stores, electronic and video stores, fast food restaurants and taquerias, LRO, …

Okla. Gov. Seeks Winter Storm Assistance for 20 More Counties

Oklahoma Gov. Brad Henry said Feb. 19 the state has asked for federal public assistance for 20 more Oklahoma counties that were battered by winter storms last month. “The ice and snow storms caused serious hardships for countless Oklahomans,” Henry …

Okla. Sen. Withdraws Workers’ Comp Bill

State Sen. Debbe Leftwich on Feb. 20 withdrew a measure that was before the Senate Judiciary Committee. Senate Bill 662 would have restored the right of employees to choose their own physician after being injured on the job. “This is …

Minn. Lawmakers Seek Tougher Auto Safety Rules

Strap in the kids, buckle up and turn off the cell phone. The rules of the road in Minnesota might get more strict in 2007. In the name of highway safety, lawmakers are debating bills to increase the use of …

Ga. Proposal Would Require Prior State Approval of Med-Mal Rates

House Republicans introduced a measure that requires Georgia’s top insurance official to sign off on each medical malpractice rate hike, saying they’re unconvinced that new state laws aimed at suppressing medical malpractice are working. The proposal would require Georgia’s Insurance …

Earthquake Rattles Midwest City, Okla.

A small earthquake rattled the Midwest City, Okla., area Feb. 12, but no damage or injuries were reported, officials said. The magnitude 3.0 earthquake occurred at 12:33 p.m., 31/2 miles west of Midwest City, according to the U.S. Geological Survey …