June 14, 2011
The Central Oklahoma Chapter of the Chartered Property Casualty Underwriters (CPCU) Society recently installed new officers for 2011-2012. The officers for this term are President David Wilhite, project manager for Farmers Insurance; Vice President Brad Fast, marketing representative for Zurich …
June 10, 2011
Oklahoma Insurance Commissioner John Doak has requested that the state’s attorney general determine whether a 2010 bill increasing the costs of driving records was properly enacted by the Legislature. The bill increased the cost of obtaining a motor vehicle report …
June 9, 2011
An Oklahoma construction contractor has been charged with taking payments to repair roofs damaged by recent tornadoes and strong storms, then failing to perform the work. Six felony counts of violating the Oklahoma Consumer Protection Act were filed Monday in …
June 6, 2011
The amount the state of Oklahoma pays in liability and property insurance premiums is going down. Department of Central Services Director John Richard announced this week the state has received a $7.8 million credit in premiums for the fiscal year …
June 6, 2011
The Oklahoma Insurance Department is processing claims from a $51 million settlement of a lawsuit against an insurance company that went under. The Oklahoman reports that money from the settlement will be sent to doctors and other providers that the …
June 2, 2011
A meteorologist with the federal government’s Storm Prediction Center said on May 31 that Oklahoma has seen a greater than average number of tornadoes so far in 2011. Preliminary data from the agency show 63 reports of tornadoes in Oklahoma …
May 23, 2011
More than 400 Oklahoma schools have received notices of expected insurance rate increases averaging 19.5 percent. The notice from the Oklahoma Schools Insurance Group, which provides various types of coverage to 440 of Oklahoma’s 526 school districts, comes after schools …
May 20, 2011
Uninsured motorists involved in a traffic accident would be unable to receive compensation for pain and suffering damages under a bill approved in the Oklahoma Senate. The Senate voted 28-20 for SB 272 over the objection of Democrats who say …
May 17, 2011
The Oklahoma Insurance Department has formally notified federal officials that it is returning nearly $1 million in federal funds targeted for health insurance rate reviews, Oklahoma Insurance Commissioner John Doak announced. Doak has also urged Gov. Mary Fallin to sign …
May 10, 2011
Arthur J. Gallagher & Co. announced it has acquired Meyers-Reynolds & Associates Inc., a retail insurance broker headquartered in Oklahoma City, Okla. Terms of the transaction were not disclosed. Formed in 1985, Meyers-Reynolds & Associates (MRA) provides commercial property/casualty insurance …