February 16, 2010
Kansas Commissioner of Insurance Sandy Praeger has issued a cease and desist order to four companies and four individuals for selling unauthorized health insurance and distributing deceptive advertising. The Kansas Insurance Department identified the companies as: Real Benefits Association, Serve …
February 11, 2010
Federal authorities believe a spate of church fires in eastern Texas is the work of a serial arsonist or group of arsonists who have evaded law enforcement for more than a month. Clay Alexander of the U.S. Bureau of Alcohol, …
February 10, 2010
A.M. Best Co. reports it downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit ratings to “bb” from “bbb-” of Oklahoma Farm Bureau Group and its members, Oklahoma Farm Bureau Mutual Insurance Company and AgSecurity …
February 8, 2010
The Main Street America Group reported its 2009 financial results that included a 1.3 percent increase in net premium to $815 million, an 18.2 percent return on equity, and a 97.4 combined ratio for the year ended Dec. 31, 2009. …
February 8, 2010
The insurance company sued by billionaire booster T. Boone Pickens and Oklahoma State University’s athletic fundraising foundation claims the university breached its contract and has no right to recover $33 million in premiums. Lincoln National Life Insurance Co. filed a …
February 8, 2010
Everyone’s heard the shibboleth “It’s not rocket science.” This implies that whatever “it” may be it’s easier than flying a rocket. In fact Robert Goddard fired off the first real rocket in 1926. Today rockets are an integral part of …
February 7, 2010
Fiesta Auto Huntington Beach, Calif.-based Fiesta Auto Insurance is combining its two business models — insurance and tax preparation — under one roof, quadrupling its presence to more than 80 locations. Launched in 1999 to provide auto insurance to Hispanic …
February 7, 2010
More Straight-Line Winds Ahead “Based on what we know about the potential patterns of climate change, we expect severe storm activity to increase in Texas and the Midwest, including higher activity of straight-line winds with potentially damaging effects.” —Dr. Harold …
February 7, 2010
In the wake of massive ice storms that virtually shut down the state of Oklahoma in late January, Insurance Commissioner Kim Holland declared a state of emergency that allows the commissioner to “license as an emergency adjuster” any qualified resident …
February 5, 2010
Billionaire booster T. Boone Pickens and the fundraising arm of Oklahoma State’s athletic department are suing a life insurance company over a program aimed at bringing in millions of dollars, the university announced. Oklahoma State said it hoped to recover …