If a recent ruling by the Oklahoma Supreme Court remains unchanged, the state’s tax authority may end up having to pay millions of dollars in rebates to workers’ compensation carriers and companies that self-insure for workplace injuries. In an unpublished …
Independent insurance agents in Oklahoma have honored CompSource Mutual Insurance Co. with their company of the year award. The Independent Insurance Agents of Oklahoma presented CompSource with the 2017 Company of the Year award at IIAOK’s recently held 110th Annual …
The Oklahoma Supreme Court has upheld a plan to convert the state workers’ compensation insurance provider into a mutual company. The state’s highest court handed down a decision on March 11 that affirms legislation adopted last year to convert CompSource …
A bill converting the nonprofit CompSource Oklahoma into an independent mutual company was passed by the House and Senate and sent to the governor for her signature. CompSource writes about one-third of Oklahoma’s workers’ compensation policies. Under House Bill 2201, …
A plan to convert the state workers’ compensation insurance agency into a mutual company has been approved by the Oklahoma House. The House voted 68-27 for the bill to convert CompSource Oklahoma into the CompSource Mutual Insurance Co. The new …
