Oklahoma News

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 …

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, which was announced in …

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 …

People

Washington, D.C.-based Clements International, which specializes in insurance for U.S. expatriates and international organizations, announced four promotions. Dan Tuman, former vice president of commercial insurance, is now vice president of insurance sales. He joined Clements International in 2000 and has …

2 Miners Missing After Kentucky Coal Mine Roof Collapse

Two miners were missing Thursday and rescuers were unable to contact them after a roof collapsed in a large underground coal mine in western Kentucky, company and union officials said. Rescue crews were in the mine on Thursday morning, said …

Spitzer: Wall Street Should Avoid ‘Frankenstein’ Financial Products

U.S. regulators should clamp down on Wall Street innovation to prevent firms from creating “Frankenstein” financial products with no substantial value to the public at large, former New York attorney general Eliot Spitzer said on Wednesday. Spitzer, the former New …

Massey Says West Virginia Mine Was Clear of Gases Before Explosion

Air samples did not show high levels of explosive gases just before an explosion in a West Virginia coal mine that killed 29 workers, and what caused the disaster remains unknown, the mine’s owner said. Massey Energy Co. board director …

Florida’s 21st Century Drops Bid to Acquire HomeWise; Gets Rate Hike

Florida’s 21st Century Holding Co. has dropped its bid to acquire domestic property insurer HomeWise Holdings at the same time it reported that its own Florida property insurance unit it has received approval to raise rates 14.9 percent on some …

Grinnell Mutual Issues First Oklahoma Auto Policies

Iowa-based Grinnell Mutual Reinsurance Company has issued its first auto policies in the state of Oklahoma, the company announced. Through its longtime relationship with Farmers Mutual Fire Insurance Company in Okarche, auto insurance, along with other personal lines products from …

Oklahoma House Passes Workers’ Compensation Reform Measure

Legislation aimed at improving the state’s workers’ compensation system for injured workers and reducing costs for Oklahoma employers has passed the House of Representatives. Senate Bill 1973, by Rep. Dan Sullivan, makes a number of changes to the state’s workers’ …