Oklahoma News

Doak to Replace Holland as Oklahoma Insurance Commissioner

Oklahoma will have a new insurance commissioner next year, as insurance agent John Doak joined the Republican sweep in the Nov. 2 midterm elections to defeat current Commissioner Kim Holland. Unofficial results on Nov. 3 from the Oklahoma State Election …

Republicans Gain Control in State Houses, Governor Offices

Republicans were not only victorious in the U.S. House but also in state houses across the country. The new GOP power will give the party its largest number of seats in state legislatures since the Great Depression, according to the …

America First Insurance Honored for Work Comp Performance in Arkansas

America First Insurance, a Liberty Mutual Agency Corporation regional company, announced it was recently recognized by the Arkansas Workers’ Compensation Commission (AWCC) for its superior claims handling and injury reporting for this line of business. The AWCC annually grades insurance …

S&P Raises ProAssurance Rating One Notch to ‘BBB’; Outlook Stable

Standard & Poor’s Ratings Services has raised its counterparty credit rating on ProAssurance Corp. to ‘BBB’ from ‘BBB-‘ with a stable outlook. S&P said the upgrade “reflects our view of PRA’s financial profile, supported by its strong operating performance, capital …

Minnesota Leads on Tornado Touchdowns

Minnesota can claim this touchdown record. It leads all others in the number of tornadoes that have swept through the state this year. The National Weather Service says 104 tornadoes touched down in Minnesota in 2010, shattering the old record …

Validus Posts $238.5 Million Q3 Net Income; $300 Million for Nine Months

Bermuda-based Validus Holdings reported net income of $238.5 million, or $2.08 per diluted common share for the three months ended September 30, 2010, compared with net income of $499.2 million, or $5.21 per diluted common share, for the three months …

Republicans Gain Control in State Houses

Republicans were not only victorious in the U.S. House but also in state houses across the country. Tuesday night’s GOP power will give the party its largest number of seats in state legislatures since the Great Depression, according to the …

ACE Appoints Shevlin in Southeast, Rau in Southwest

ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Jim Shevlin as senior vice president and regional executive officer for its Southeast region, and Tim Rau as senior vice president and regional executive officer for the …

Farmers Completes Move Into New Oklahoma City Facility

Employees of Farmers Insurance have relocated to their new 175,000 foot facility near Memorial and Rockwell roads in Oklahoma City. The new, technically advanced facility is environmentally-friendly and designed to LEED specifications. It is home to the company’s HelpPoint Contact …

Doak Wins Oklahoma Insurance Commissioner Race

Oklahoma will have a new insurance commissioner next year, as insurance agent John Doak joined the Republican sweep in the Nov. 2 midterm elections to defeat current Commissioner Kim Holland. Unofficial results from the Oklahoma State Election Board show Doak …