Oklahoma News

Tennessee Regulators Move to Close ATA Health Insurance Firm

Tennessee officials are trying to shut down operations of two Robertson County companies accused of defrauding more than 12,000 consumers nationwide who sought affordable health insurance. Some of the $14 million that Springfield-based American Trade Association and Smart Data Solutions …

Minnesota Scores “A+” on Workers’ Comp Report Card

Minnesota ranks the best in the nation in terms of workers’ compensation performance, according to the Encinitas, Calif.-based Work Loss Data Institute (WLDI), which recently released its 2010 State Report Cards for Workers’ Compensation. Using eight years of data from …

Federal Flood Insurance Program Closed for Weeks

As insurance and real estate agents and homeowners feared, Congress left Washington without extending the federal flood insurance program. Congress adjourned until April 12 after failing to agree on an unemployment benefits bill that included a provision with an extension …

Evans Ewan & Brady Insurance Receives 2009 Book of Business Award

Evans Ewan & Brady Insurance Agency Inc. in Georgetown, Texas, has been named a Model Personal Lines Book of Business agency for 2009 by Central Insurance Company. A member of Combined Agents of America LLC (CAA), this is the third …

Oklahoma Seeks Receivership of Imperial Casualty and Indemnity

Oklahoma insurance regulators have moved to seize a workers’ compensation insurer they say is insolvent and whose owners are being accused of deceptive financial transactions involving another recently-liquidated insurer. The Oklahoma Department of Insurance on March 18 filed a receivership …

21st Century Holding to Buy Florida’s HomeWise Insurance

21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain insurance policies from HomeWise Preferred Insurance Co. Terms of the proposed transaction were …

People

Cheryl Celcer has joined wholesale insurance provider Swett & Crawford after a nearly 30-year career with The Hartford, in which she held the position of executive select customer sales representative. Celcer will work out of her office in Oklahoma City. …

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. Couriers Market Detail: RLI Transportation’s courier coverage for vans, pick-ups and straight trucks must have …

State Budget Deficits Could Harm the Insurance Industry

While 2009 was a tough year to do business, state and city leaders say 2010 and 2011 will be even tougher — the outcome of which could have negative implications for the insurance industry. A number of states are struggling …

Oklahoma GOP Forges Ahead With Workers’ Comp Overhaul

Oklahoma Senate Republicans are continuing their push to completely overhaul Oklahoma’s workers’ compensation laws, arguing the system is too expensive for businesses. The Senate Judiciary Committee has approved a half-dozen workers’ compensation bills, most of which drew opposition from Democrats …