Oklahoma News

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Manufacturers Market Detail: Penn Millers Insurance Co.’s manufacturers program offers property, crime, liability, automobile and …

MyNewMarkets: New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Manufacturers Market Detail: Penn Millers Insurance Co.’s (www.pennmillers.com) manufacturers program offers property, crime, liability, automobile …

Oklahoma Halts Plan to Use Cameras to Snag Uninsured

Oklahoma is suspending a plan to use highway traffic cameras to identify uninsured motorists that it had hoped would add some $50 million to the state’s coffers in its first year. The project was put on hold because there is …

Stopping Workplace Violence Difficult But Risk Can Be Reduced: Experts

Criminologists call it murder by proxy — rampages by employees who go after their boss, supervisors and even co-workers they link to the source of their outrage. The message is: Look who’s doing the firing now. These eruptions of workplace …

Oklahoma Bank to Focus on Small Businesses

After two years of preparation, Central National Bank in Enid, Okla., will focus its growth strategies on penetrating Tulsa’s small business market. “Obviously the growth for the bank is going to come from the Tulsa location and the northeastern part …

Oklahoma Unemployment Insurance Tax Rates to Jump in 2011

The Oklahoma Employment Security Commission (OESC) has issued a notice to business owners that most Oklahoma employers can expect to see increases in their state unemployment insurance (UI) tax rates for 2011. Funds collected through this tax are deposited in …

Oklahoma Files to Liquidate Pegasus Insurance Co.

Oklahoma Insurance Commissioner has filed an application to liquidate workers’ compensation insurance provider, Pegasus Insurance Co. Inc. (PICI). The company was placed into rehabilitation in June. Pegasus specialized in workers’ compensation coverage for professional employer organizations (PEOs), or employee leasing …

Missouri Votes to Block Obama Health Insurance Mandate

Missouri voters Tuesday rejected the new U.S. healthcare bill, approving a measure that would forbid the federal government from penalizing people who do not buy health insurance. With 78 percent of precincts reporting, 72.6 percent of voters supported the Health …

Pennsylvania Approves PMA Acquisition

Pennsylvania insurance regulators have given their OK to a planned acquisition of PMA Capital Cos. by Old Republic International Corp. Pennsylvania is the statutory regulator for PMA, which is based in Blue Bell. Chicago-based Old Republic expects to file its …

American Physicians Service Group Sees Growth in Q2

Austin, Texas-based medical liability insurance provider American Physicians Service Group Inc. reported revenues of $20.7 million for the three months ended June 30, 2010, compared to $20.1 million for the same period last year. For the six months ended June …