Oklahoma News

Disaster aid Sought for Okla. Panhandle

Oklahoma Gov. Brad Henry on Jan. 9 requested a federal disaster declaration from President Bush for three counties in the Oklahoma Panhandle that were hit hard by an ice storm and snow storm last month. Residents of Beaver, Cimarron and …

Earthquake Rattles Two Southeastern Oklahoma Towns

Oklahoma’s first earthquake of 2007 rattles two small southeastern towns, authorities said. No damage or injuries were reported when the 2.5 temblor hit the western Coal County communities of Tupelo and Clarita about 3:46 p.m. Jan. 8, the Oklahoma Geological …

13 states file briefs against credit scoring

Delaware Commissioner of Insurance Matt Denn has taken arguments against insurance industry use of credit scoring to the U.S. Supreme Court, filing a brief in a pending case involving the practice. The amicus curiae, or “friend of the court,” brief …

New Markets

GL for Builders, Contractors, Artisans Nuts & Bolts: Golden Insurance Co. RRG extended its commercial general liability coverage for builders, general contractors and artisans to $1 million/$1 million. Coverage is offered on a claims-made basis, and most builder trade classes …

New Markets

Professional Liability Beauticians Nuts & Bolts: All policies are packaged premises and professional. $3million aggregate is available. Program is self-rating. Dollars: $100,000 to $3 million. Carrier: Lloyds of London, rated “A” XV by A. M. Best. Non-admitted. States: All. Contact: …

Credit scoring an issue in 2007

Even though 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases …

New Markets

Real Estate Agents and Brokers E&O Nuts & Bolts: London American Professional Liability LLC a program administrator and MGA, introduced a new program for real estate agents and brokers errors and omissions. The program is being offered in most states …

It Figures

$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …

Declarations

Lawsuit reform revisited “While I am still reviewing [the] ruling, my initial reaction is that of disappointment, because I believe it will lead to an increase in frivolous lawsuits, higher insurance costs, and less access to health care for our …

Credit scoring an issue in 2007

Even though 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases …