Responding to the recent filing of House Bill 2662 and Senate Bill 2232 in Oklahoma, CompSource Oklahoma, the state’s workers’ compensation fund, opposes both bills, which call for the sale of CompSource to the highest bidder. CompSource Oklahoma outlined the …
Texas in 2009 experienced weather catastrophes amounting to more insured losses than any other state. Last year, Texas experienced 10 weather catastrophes that caused nearly $2.5 billion in losses. The next nearest state in insured losses was Colorado with $1.3 …
Randi Schuknecht worried that her longtime, established insurance company was about to leave Florida — and leave her without a homeowner’s policy. So she found a new insurer — one she wouldn’t have to worry about if a big storm …
Zurich named two new regional managers for its North American Environmental team: Richard Calvert has been named manager for the South Central region, and Warren Puffer is the new manager for the Northwest region. Calvert, who prior to joining Zurich …
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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …
A measure to make the Oklahoma Insurance Department a non-appropriated agency has passed the state Senate Appropriations Committee. Sen. David Myers, author of Senate Bill 1658, says his legislation, which was requested by the insurance department, will save the state …
Oklahoma State Representative Dan Sullivan wants employers “to know that we’re open for business in Oklahoma.” Sullivan, a driving force behind Oklahoma workers’ compensation reform in the state’s House of Representatives, is the author of six bills aimed at overhauling …
Austin, Texas-based Combined Agents of America LLC (CAA) announced it achieved more than $410 million in combined property and casualty premiums and more than $53 million in revenue for 2009. The group, which recorded around $375 million in combined premiums …
New detectors have found fault lines in the Jones, Okla., area, where dozens of small earthquakes have been recorded since last year. “There’s definitely some kind of fault system there,” said Austin Holland, geophysicist for the Oklahoma Geological Survey, who …
Two measures aimed at reforming Oklahoma’s workers’ compensation system have passed out of the state’s Senate Judiciary Committee. Both bills were authored by Senate President Pro Tem Glenn Coffee. The bills are SB 1973, described as a comprehensive workers’ compensation …
