Articles by Stephanie K. Jones

September Earthquake Deemed Oklahoma’s Strongest on Record; Insured Costs Uncertain

An earthquake that hit Pawnee, Okla., in the north central part of the state on Sept. 3 was upgraded on Sept. 7 from the preliminary 5.6 magnitude estimate to a 5.8 magnitude temblor by the U.S. Geological Survey, making it …

Oklahoma Supreme Court Rules Workers’ Comp Opt-Out Unconstitutional

The Oklahoma Supreme Court handed a major setback to proponents of workers’ compensation alternatives on Sept. 13, ruling that the state’s Opt Out Act is unconstitutional. The high court’s 7-2 ruling came in Vasquez v. Dillards, which was appealed to the …

Oklahoma Quake Insured Costs Uncertain; Swiss Re Suggests New Products Needed

Damage estimates of insured losses from the earthquake that hit Pawnee, Okla., in the north central part of the state on Sept. 3 likely won’t be available until early October, according to an insurance department spokesperson. In an email, Assistant …

Missouri Again Non-Renews License of Northern Illinois Agency Owner

Missouri insurance regulators have once again refused to renew the non-resident producer license of the owner of an Illinois managing general agency that has been able to continue operations despite having his license revoked or non-renewed previously in both Illinois …

Proponents, Opponents Square Off in Challenge to Oklahoma’s Opt-Out

The constitutionality of Oklahoma’s workers’ compensation alternative, the Oklahoma Option, which was established in the 2013 overhaul of the state’s workers’ comp system, is currently being challenged in an appeal to the state Supreme Court. The Oklahoma Employee Injury Benefit …

Opposing Sides File Briefs in Challenge to Oklahoma’s Work Comp Opt-Out

The constitutionality of Oklahoma’s workers’ compensation alternative, the Oklahoma Option, which was established in the 2013 overhaul of the state’s workers’ comp system, is currently being challenged in an appeal to the state Supreme Court. The Oklahoma Employee Injury Benefit …

Missouri Non-Renews Insurance License of Northern Illinois Agency Owner, Again

The Missouri Department of Insurance has once again refused to renew the non-resident producer license of the owner of an Illinois managing general agency that has been able to continue operations despite having his license revoked or non-renewed previously in both …

Business-Backed Group Pushes for Workers’ Comp Alternative in Illinois

An Illinois think tank has published a report expressing support for a workers’ compensation opt-out system in that state, saying that it would give employers the ability to lower costs and allow for a more flexible workforce. In its report, …

North Dakota Lawmaker: Where’s the Reserve in Workers’ Comp Opt-Out Plans?

A state representative from North Dakota, who serves on the Workers’ Compensation Insurance Committee at the National Conference of Insurance Legislators (NCOIL), says he’s concerned about reserves for paying claims in workers’ compensation opt-out plans. During a July 2016 meeting …

North Dakota Lawmaker Questions Reserves in Workers’ Comp Opt-Out Plans

A state representative from North Dakota, who serves on the Workers’ Compensation Insurance Committee at the National Conference of Insurance Legislators (NCOIL), says he’s concerned about reserves for paying claims in workers’ compensation opt-out plans. During a July 2016 meeting …