Oklahoma News

Oklahoma to Require Earthquake Insurance Education for Producers

Oklahoma Gov. Mary Fallin has approved an emergency rule adopted by Insurance Commissioner John D. Doak that requires all licensed producers and adjusters with the property line of authority to complete one hour of continuing education on the topic of earthquake insurance every …

California-Based Palomar Specialty Insurance Expands Into More States

La Jolla, Calif.-based Palomar Specialty Insurance Co., established in February 2014 as a specialty catastrophe insurer, announced it is now licensed to write residential and commercial insurance in 14 states. Palomar Specialty initially focused on writing residential earthquake insurance, commercial …

Sexual Harassment Claims Against Oklahoma Group Settled

The Grand River Dam Authority in Oklahoma has reached settlements with two ex-employees over claims of sexual harassment and wrongful termination. The settlements follow a 10-month investigation into claims of sexual harassment and wrongful termination against the organization’s CEO and …

OSHA: Safety Violations Continue at Oklahoma Oil Refinery

U.S. Department of Labor’s Occupational Safety and Health Administration has cited an Oklahoma oil refinery with five repeat and three serious violations for continuing to expose workers to unsafe conditions. As a result, OSHA imposed a fine of $184,800 on …

Copper Wire Thieves Hit Oklahoma City, Knock Out Street Lights

Oklahoma City police say they’re investigating the largest copper wire heist that’s ever happened in the city. Drivers were left in the dark after thieves cut down copper wires from traffic signals and light poles this past weekend. Police Cpt. …

Dhandho Acquiring Louisiana’s Stonetrust Commercial Mutual Insurance

Stonetrust Commercial Mutual Insurance Holding Co. announced it has agreed to be acquired by Dhandho Holdings LP and Dhandho Holdings Qualified Purchaser LP, based in Irvine, Calif. Stonetrust is a Louisiana-based mutual insurance holding company and the parent company of …

Northern Oklahoma Hit with 4.3 Magnitude Quake

The U.S. Geological Survey says an earthquake with a preliminary magnitude of 4.3 struck northern Oklahoma on Monday night. The USGS reports the quake with an epicenter about 15 miles west-southwest of Medford hit around 9:45 p.m. at a depth …

Texas Man to Pay $42.1K Restitution for Home Repair Fraud in Oklahoma

After a four-year pursuit, the Oklahoma Attorney General’s Office says it has secured $42,158 in restitution from a Texas man for Oklahoma victims of home repair fraud. The office said that Randy Leroy Madewell of Danbury, Texas, was charged in …

Minor Damage Reported after 2 Oklahoma Earthquakes

Minor damage has been reported after back-to-back earthquakes hit an Oklahoma City suburb early on July 15. The U.S. Geological Survey says a 3.8 magnitude earthquake hit 3 miles north-northeast of Harrah shortly after 2 a.m. About two hours later, …

CPro Associates Spin-Off Concentrating on Commercial Insurance Business

Dallas-based CPro Associates has spun off its binding authority and programs unit as a new company, B&H Risk Services Inc., headed by William E. Buckley. Buckley joined CPro in late 2013 to form and develop the new business unit. B&H focuses …