Oklahoma News

Louisiana, Texas Gain Jobs in June; Arkansas, Oklahoma Post Losses

The South Central states of Louisiana and Texas posted job gains for the month of June, but Arkansas and Oklahoma saw slight losses in employment. The Louisiana Workforce Commission reported Louisiana’s seasonally adjusted nonfarm employment grew by 5,800 jobs from …

Business Moves

AJ Gallagher, Bowen, Miclette Insurance brokerage and risk management services firm Arthur J. Gallagher & Co. has acquired the operations of Bowen, Miclette, Britt & Merry of Arkansas Inc. in Fort Smith, Ark., from Bowen, Miclette & Britt Insurance Agency …

Louisiana, Oklahoma Least Affordable States for Car Insurance

Louisiana and Oklahoma enjoy the distinction of having the least affordable auto insurance rates in the country, according to one body of research that considers how much of a family’s income goes to pay for car insurance. Massachusetts, often rapped …

Declarations

A Tremendous Asset “John Wortman has been a tremendous asset to Louisiana during our recovery from the catastrophic hurricanes of 2005. He came to Citizens in a time of great turmoil within the organization and worked tirelessly to set Citizens …

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. Oil & Gas Risks Market Detail: Towerstone Inc.’s energy practice has recently teamed with Hallmark …

How to Make Agent-Wholesale Relationships Work

It’s no secret. Insurance is a relationship business. And the agent-wholesale broker relationship is no exception. The continued soft market hasn’t stifled relationships either. Wholesale brokers are still a much needed asset to retail agents even though the need to …

Hanover Estimates $85 Million Catastrophe Loss for Q2

Worcester, Mass.-based The Hanover estimated its pre-tax losses resulting from catastrophe events in the second quarter of 2010 to be approximately $85 million. The majority of the losses were associated with six significant events, including two severe hail and wind …

State Auto Western Region Reports Additions, Promotions in Texas

State Auto Western Region has announced the following staff additions and promotions in Texas: Steve Harmon has joined State Auto as a business insurance account executive. In this role, Harmon will have responsibility for achieving sales and underwriting results in …

10 Most, Least Affordable States for Car Insurance

Fraud Bureaus Report Sharp Rise in Fake Health Plans

Bob Harper thought he’d found a better health-insurance deal. The Oklahoma man bought coverage from an outfit called American Trade Association (ATA). The price seemed affordable, and he thought he’d save decent money while maintaining a solid healthcare safety net. …