Oklahoma News

Business Moves

Fiesta Auto Huntington Beach, Calif.-based Fiesta Auto Insurance, a franchise system that combines insurance and tax preparation under one roof, recently opened 20 new offices in various locations, increasing its presence to more than 60 open locations throughout the United …

Ratings Recap: Zenith, BancInsure, First Chicago, Town & Country, Rural Community

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Zenith National Insurance Group and its members, Zenith Insurance Company and its wholly owned subsidiary, ZNAT Insurance Company. Best …

5 Thought Dead in Oklahoma, Dozens Injured as Tornadoes Hit Plains

Violent storms that tore through the southern Plains on May 10 killed five people and injured dozens more, leaving behind flattened homes, toppled semitrailers and downed power lines. Several tornadoes were reported in Oklahoma and Kansas as the storms moved …

Oklahoma’s Price Gouging Statute in Effect Following Storms

Oklahoma Attorney General Drew Edmondson said the state’s price gouging law is in effect in 56 Oklahoma counties following Gov. Brad Henry’ declared a state of emergency for those areas devastated by severe storms on May 10. Oklahoma’s Emergency Price …

Tornado Shelter Legislation Killed in Oklahoma Senate

The Oklahoma Senate has killed a bill that would have required owners of mobile and RV parks to provide tenants with a plan to seek shelter. The bill’s author, State Rep. Pat Ownbey, praised a mobile home park south of …

Mercury Partners with Personal Lines Growth Alliance

The Personal Lines Growth Alliance (PLGA), a coalition within the independent agency system, announced that Mercury Insurance Group is a founding financial partner. Mercury is the first of many insurance carriers that will become financial partners, according to PLGA Chair …

Oil Rig Workers File Suit

Three workers forced to escape on lifeboats after an explosion aboard an offshore drilling platform claimed in a lawsuit they were kept floating at sea for more than 10 hours while the rig burned uncontrollably. “After these guys were pulled …

Main Street America Expands Product Lines To Grain Dealers Mutual Agents

The Main Street America Group has introduced its products to nearly 200 independent agents who represent new affiliate Grain Dealers Mutual Insurance Co. throughout North Carolina, Virginia and Tennessee. Specifically, super regional carrier Main Street America launched its commercial and …

Midwest Economic Index Slips But Still Positive on Growth

A Midwest regional business conditions index slipped last month but still suggests a growing economy in the months ahead. A report on the Midwest Business Conditions survey of supply managers and business leaders in a nine-state region was released May …

AmWINS CEO DeCarlo on Colemont Merger, Texas and Going Global

The acquisition of wholesale insurance broker Colemont Insurance Brokers by its competitor AmWINS Group gives AmWINS entry into international markets for the first time and a bigger presence in Texas, where Colemont is based. The deal also enhances some of …