Oklahoma News

Workers’ Comp Reform High on Oklahoma GOP Legislative Agenda

Reforming Oklahoma’s workers’ compensation system will be among the top legislative goals for Republican lawmakers in 2010. GOP leaders in the state Senate and House of Representatives say overhaul of the workers’ compensation system is essential to economic development. Republicans, …

Declarations

No Effective Legal Means “We had no effective legal means to step in and prevent default (at AIG) … without helping this firm meet all its legal obligations.” —U.S. Treasury Secretary Timothy Geithner told CNBC television that the bailout of …

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. Home Builders & Artisans Contractor’s GL Market Detail: Northern Star Management offers access to a …

Six CAA Members Retain Best Practice Agencies Status for 2009

Austin, Texas-based Combined Agents of America LLC (CAA) announced six of its member agencies – Bigham-Kliewer-Chapman-Watts Insurance Agency, The Bridges Group Inc., Bryan Insurance Agency, Ed Berrong Insurance Agency, Pierson & Fendley Insurance Agency and Weatherby-Eisenrich Insurance Agency – have …

Bramlett Agency in Oklahoma Named Trusted Choice Agency of the Month

The Bramlett Agency, headquartered in Armdore, Okla., has been named the Trusted Choice Agency of the Month by Trusted Choice, the consumer branding program for independent insurance agents and brokers. The Bramlett Agency was founded in 1948 by Jim and …

West Virginia Eyes Lien on Fire Insurance to Fight Abandoned Buildings

West Virginia may be on the path to helping municipalities pay for debris removal of abandoned buildings with insurance payments in a way that insurers can live with. The issue of how to pay for the cleanup has irked property …

Former N.D. Regulator Possibly a Candidate to Lead Insurance Lobby

U.S. Rep. Earl Pomeroy of North Dakota is not seeking the presidency of a Washington lobbying group for life insurers, a spokeswoman said, although an industry representative called the North Dakota Democrat a “natural” candidate for the job. The American …

Unisource Program Administrators Opens Restaurant Program

Oklahoma-based Unisource Program Administrators (UPA) has launched a new workers’ compensation specialty program for restaurants. The restaurant specialty program aimed at offering competitive rates to multi-unit fine dining, casual and fast food restaurants. It also offers claim cost containment measures, …

California Lawmakers Fail to Report Gifts

Did the health insurance industry, among others, have unfair influence on California lawmakers, after it gave family members gifts? That’s the question voters and the state Fair Political Practices Commission might be asking following an Associated Press report that revealed …

Oklahoma Fines Tennessee Company for Selling Fake Insurance

Oklahoma Insurance Commissioner Kim Holland has fined a Tennessee company and two of its affiliates $25,000 each for violating a cease and desist order she issued in November of last year. According to the order, the company has been illegally …