Oklahoma News

International Insurance Brokers Sues Team Bank, Mystic Capital

International Insurance Brokers Ltd., headquartered in Tulsa, Okla., announced it has 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 …

People and Places

The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new assignments are for one year: International Insurance Relations Committee: chair, Diane Koken, commissioner, Pennsylvania Insurance Department, and vice chair, Dorelisse Juarbe Jiminez, commissioner, Puerto …

Woman Seeks More Than $125,000 from Okla. in Legal claim

A woman injured last year in a drunken-driving accident involving former Oklahoma State University basketball coach Eddie Sutton is seeking more than $125,000 in a legal claim filed with the state. Teresa Barnard alleges that OSU and its employees “were …

People and Places

Chicago-based The Park Group, a wholesale insurance brokerage has announced the promotion of Peter Upjohn to the position of manager of the newly established Professional Liability Brokerage Department. Upjohn is responsible for the majority of the professional liability lines of …

Okla. AG Releases Top Ten Consumer Complaint List

The Internet topped Oklahoma Attorney General Drew Edmondson’s list of sources for complaints to his office last year. The AG released his top ten list of consumer complaints recently at the state’s third annual Consumer Protection Day at the Capitol. …

People and Places

Privately owned insurance and risk management firm, McQueary Henry Bowles Troy L.L.P., has named Mike Rutledge a partner. Rutledge is a vice president in MHBT’s Fort Worth, Texas, office. Rutledge’s career in the insurance field spans 30 years. Prior to …

It Figures

122 The number of levees nationwide that are at risk for failing, according to the Army Corps of Engineers. Twenty-seven states, the District of Columbia and Puerto Rico had threatened levees, but only two had more than a handful. California …

People and Places

The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new committee assignments are for one year: Life Insurance and Annuities Committee: chair, Julie McPeak, executive director, Kentucky Office of Insurance, and vice chair, Tim …

People and Places

William J. Mullaney was named president of MetLife’s Institutional Business segment. He succeeds Leland C. Launer Jr., who has decided to pursue other opportunities. Mullaney most recently served as president of MetLife Auto & Home, and has been with the …

Top 10 hail cities

Hail events remain a constant threat to property and casualty insurers. In 2005 alone, there were over 13,000 hail storms in the United States. According to Swiss RE, four out of the top 20 most costly insurance losses of 2005 …