Oklahoma News

NYMAGIC Shareholders OK Merger

Shareholders of NYMAGIC approved its acquisition by ProSight Specialty Insurance Holdings Inc. at a special meeting yesterday, clearing the way for the insurance holding firm to become part of ProSight. The merger valued at around $230 million, is expected to …

Workplace Chaplains Offer Wis. Employees Support

Renee Lubinski moved among the machines and production lines that produce pizza crust and tortillas at TNT Crust’s Elizabeth Street Plant in Green Bay. She exchanged smiles, shook hands and spent a few moments talking to several workers in the …

Farmers Appoints Shriver Senior VP Field Operations in Southwest

Farmers Insurance has appointed Rick Shriver senior vice president of field operations, Southwest Zone. The Zone includes Arizona, New Mexico, Texas, Oklahoma and Arkansas. Shriver has more than 24 years of experience in a variety of operations, including marketing, sales, …

Wyoming Leads Nation with Highest Motor Vehicle Fatality Rate

Wyoming has the unfortunate record of having the highest rates of motor vehicle fatalities per 100,000 people, with a rate of 24.6, according the U.S. Department of Transportation’s Fatality Analysis. According to the recent report, there were 30,797 fatal motor …

Washington, Oregon Rank High in Promoting Roadway Safety

Many states are making progress toward making roads safer, but Oregon and Washington do the best of promoting roadway safety with traffic laws, according to a new report by the Emergency Nurses Association. The report indicates that Minnesota, Arkansas, Louisiana …

Outgoing Oklahoma AG: No Quick Resolution to Poultry Pollution Case

If Oklahoma’s new attorney general or governor decide to drop a lawsuit accusing poultry companies of pollution, the outgoing attorney general predicts the case will be picked up by other interested parties. Outgoing Attorney General Drew Edmondson says he’s confident …

Nashville’s Music Industry Getting Back on Track After Flood

In a white clapboard house on a quiet street in Berry Hill, a six-month marathon effort to save dozens of flood-damaged musical instruments remains a daily labor of love with the goal of salvaging Nashville’s best-known industry from near disaster. …

It Figures

$2.4 Billion American International Group, Inc. (AIG) reported a net loss of $2.4 billion for the third quarter of 2010, compared to net income of $455 million in the third quarter last year. The loss was attributable to restructuring and …

Georgia’s Hudgens Among New State Insurance Commissioners

The Nov. 2 elections will mean there will soon be a number of new insurance commissioners across the country. Three states – Georgia, California, and Oklahoma-elected new insurance commissioners. Republican state Sen. Ralph T. Hudgens will be the new Georgia …

Business Moves

HCC Specialty Houston-based HCC Insurance Holdings Inc. is combining its Professional Indemnity Agency (PIA), HCC Public Risk and HCC Specialty Underwriters units under a newly created underwriting division, HCC Specialty. HCC Specialty will be led by Bill Hubbard as CEO. …