More than 2,000 bills have been filed for the 2007 session of the Oklahoma Legislature, including many measures that sponsors acknowledge do not have a chance of passage. It’s all part of the democratic process, officials say, even if it …
Michigan Governor Jennifer M. Granholm has signed legislation permiting Michigan to join the Interstate Insurance Product Regulation Compact Commission, making Michigan the 29th state to join the Commission. Created through the National Association of Insurance Commissioners, the Commission provides participating …
Oklahoma State Rep. George Faught says he will seek to set aside at least $10 million in “Rainy Day” spillover funds from last year to help pay recovery costs from the past week’s ice storm that has blanketed much of …
Louisiana’s state-run insurer won approval for big rate increases on Jan. 17, meaning double- and triple-digit hikes in insurance costs for homeowners and businesses along the coast. The increases for Citizens Property Insurance Corp. will immediately affect about 140,000 homeowners …
Insurance Commissioner Kim Holland has declared a state of emergency following the recent severe winter weather impacting all 77 counties in the state. According to the Commissioner’s release the declaration will allow emergency claims adjusters from other states to be …
The president of an Oklahoma construction company will pay $25,000 in fines, and two of his employees were ordered to serve a one-year deferred sentence after pleading no contest to one count each of conspiracy against the state in McIntosh …
President Bush declared a federal disaster in Oklahoma in the wake of an ice storm that has killed at least 15 people and knocked out power to more than 122,000 homes and businesses. Residents in southeastern Oklahoma and other hard-hit …
The casino magnate who accidentally poked a hole in a Picasso painting said insurer Lloyd’s of London has offered to settle his $54 million claim of lost value, but the talks aren’t going the way he’d like. “Their offer is …
Missouri Gov. Matt Blunt issued executive orders this weekend declaring a state of emergency and activating the Missouri National Guard in response to the winter ice storm. Gov. Blunt also put the Disaster Medical Assistance Team on standby in anticipation …
The popularity of federal flood insurance policies in Texas is on the rise, according to the Insurance Council of Texas. ICT reported that Federal Emergency Management Agency (FEMA) records show that the number of flood policies sold in Texas jumped …
