Insurance Journal » Oklahoma http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Thu, 02 Oct 2014 01:57:13 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 Cause of Oklahoma Truck-Bus Crash Still a Mystery http://www.insurancejournal.com/news/southcentral/2014/10/01/342171.htm Wed, 01 Oct 2014 16:39:34 +0000 http://www.insurancejournal.com/?p=342171 The softball coach who was driving a team bus smashed into by an errant truck did everything he could to save four players who died in the accident, a relative said, even as investigators tried to solve the mystery of …

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Truck Driver: Distraction a Factor in Fatal Oklahoma Crash http://www.insurancejournal.com/news/southcentral/2014/09/30/341984.htm Tue, 30 Sep 2014 15:55:53 +0000 http://www.insurancejournal.com/?p=341984 The driver of a tractor-trailer that crashed into a bus and killed four college students on Interstate 35 in southern Oklahoma told investigators he was distracted. Russell Staley, 53, of Saginaw, Texas, was traveling northbound on Sept. 26 before crossing …

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Police: Fired Oklahoma Man Beheads Co-Worker, Attacks Another http://www.insurancejournal.com/news/southcentral/2014/09/28/341802.htm Mon, 29 Sep 2014 03:16:08 +0000 http://www.insurancejournal.com/?p=341802 A man who was shot after authorities say he beheaded one woman and attacked another at an Oklahoma food processing plant from which he had just been fired has regained consciousness and was interviewed by detectives on Sept. 27. Alton …

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Oklahoma Legislature Urged to Boost Nursing Home Staffing Rules http://www.insurancejournal.com/news/southcentral/2014/09/26/341758.htm Fri, 26 Sep 2014 16:43:40 +0000 http://www.insurancejournal.com/?p=341758 A Seminole woman pleaded with Oklahoma state lawmakers recently to “demand changes in the staffing and other requirements of our state’s long-term care facilities.” “We tried to do precisely that earlier this year, but the Republicans blocked it,” said Rep. …

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Former Oklahoma Insurance Agent Arrested for Fraud http://www.insurancejournal.com/news/southcentral/2014/09/25/341613.htm Thu, 25 Sep 2014 16:31:01 +0000 http://www.insurancejournal.com/?p=341613 An investigation by the Oklahoma Insurance Department’s Anti-Fraud Unit has led to the arrest of former insurance agent Nathan Sullivan, Jr., 47. Sullivan is accused of defrauding a Weatherford woman out of more than $30,000 and leaving her with a …

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Oklahoma Volunteer Firefighter Charged with Arson http://www.insurancejournal.com/news/southcentral/2014/09/24/341530.htm Wed, 24 Sep 2014 16:44:59 +0000 http://www.insurancejournal.com/?p=341530 The Craig County Sheriff’s Office says a volunteer firefighter faces arson charges following a series of hay and structure fires. Jesse Bennett, 19, was arrested in connection to eight fires that occurred in August and September. The Big Cabin Volunteer Fire …

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$1.6M in Preparedness Grants Go to Arkansas, Louisiana, New Mexico, Oklahoma, Texas http://www.insurancejournal.com/news/southcentral/2014/09/23/341417.htm Tue, 23 Sep 2014 16:48:08 +0000 http://www.insurancejournal.com/?p=341417 Emergency management agencies in five states – Arkansas, Louisiana, New Mexico, Oklahoma and Texas – have been awarded more than $1.6 million in preparedness grants from the Federal Emergency Management Agency (FEMA), the agency announced. In Arkansas, the grants total $149,515 and …

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Magnitude 4.0 Earthquake Recorded in Oklahoma http://www.insurancejournal.com/news/southcentral/2014/09/22/341308.htm Mon, 22 Sep 2014 16:47:19 +0000 http://www.insurancejournal.com/?p=341308 The U.S. Geological Survey has reported a magnitude 4.0 earthquake near Medford, Okla. The earthquake happened shortly after 8:30 p.m. about 20 miles east of Enid and 17 miles southeast of Medford. A Grant County Sheriff’s Office dispatcher tells The …

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Oklahoma Plating Company Fined $341.5K for Workplace Safety Violations http://www.insurancejournal.com/news/southcentral/2014/09/19/341174.htm Fri, 19 Sep 2014 16:42:25 +0000 http://www.insurancejournal.com/?p=341174 Pride Plating Inc. in Grove, Okla., was cited on Sept. 4 by the U.S. Department of Labor’s Occupational Safety and Health Administration for exposing workers to cancer-causing health hazards from hexavalent chromium. The company received 38 violations with proposed penalties …

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Outlook for Texas-Based Columbia Lloyds Insurance Revised to Stable http://www.insurancejournal.com/news/southcentral/2014/09/18/341027.htm Thu, 18 Sep 2014 16:35:24 +0000 http://www.insurancejournal.com/?p=341027 A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and the issuer credit ratings of “bbb” of the members of Houston, Texas-based Columbia Lloyds Companies: Columbia Lloyds Insurance Company and its wholly owned and …

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4.2 Magnitude Quake Strikes near Guthrie, Oklahoma http://www.insurancejournal.com/news/southcentral/2014/09/17/340791.htm Wed, 17 Sep 2014 15:10:55 +0000 http://www.insurancejournal.com/?p=340791 The U.S. Geological Survey has recorded two earthquakes near Guthrie, including a magnitude 4.2 temblor. The USGS said the 4.2 magnitude quake was recorded at 3:08 p.m. on Sept. 15 one mile southeast of Guthrie and a 3.2 magnitude quake …

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Magnitude 3.7 Quake Rattles Perry, Oklahoma, Area http://www.insurancejournal.com/news/southcentral/2014/09/15/340459.htm Mon, 15 Sep 2014 14:58:58 +0000 http://www.insurancejournal.com/?p=340459 The U.S. Geological Survey says an earthquake with a preliminary magnitude of 3.7 has rattled an area south of Perry on Sept. 12. There were no immediate reports of injuries or damage following Friday morning’s earthquake. The USGS says the …

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In Suit, Oklahoma Ex-Inmates Claim Private Halfway House Violated Civil Rights http://www.insurancejournal.com/news/southcentral/2014/09/11/340221.htm Thu, 11 Sep 2014 15:48:17 +0000 http://www.insurancejournal.com/?p=340221 Some former inmates are suing Tulsa, Okla., halfway house workers who they claim violated their civil rights by organizing fight clubs and beatings. The lawsuit filed in federal court seeks more than $75,000 in punitive damages for “severe physical injuries,” …

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4.3-Magnitude Quake in Oklahoma: USGS http://www.insurancejournal.com/news/southcentral/2014/09/10/340122.htm Wed, 10 Sep 2014 16:46:23 +0000 http://www.insurancejournal.com/?p=340122 The U.S. Geological Survey says an earthquake with a magnitude of 4.3 has struck northern Oklahoma. The USGS says the quake hit at 11:21 a.m. Monday 1 mile north-northeast of Medford, or 30 miles north-northeast of Enid. The earthquake had …

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Former Oklahoma Insurance Agent Sentenced for Selling Sans License http://www.insurancejournal.com/news/southcentral/2014/09/09/340055.htm Wed, 10 Sep 2014 03:00:51 +0000 http://www.insurancejournal.com/?p=340055 A former Oklahoma insurance agent has received a five-year suspended sentence and a $2,500 fine for selling insurance without a license. Preston Chadwick Henson, 44, was convicted of the felony after entering a no contest plea in Kingfisher County. The …

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Researchers Developing Tool to Help Oklahoma Farmers Predict Drought http://www.insurancejournal.com/news/southcentral/2014/09/09/339975.htm Tue, 09 Sep 2014 12:33:19 +0000 http://www.insurancejournal.com/?p=339975 Weather researchers are developing a new tool they say could give Oklahoma farmers and ranchers as much as a month’s warning when drought conditions are on the way. The Evaporative Stress Index is a system being developed by the U.S. …

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Oklahoma 2015 Health Insurance Exchange Rates Include Hikes, Decreases http://www.insurancejournal.com/news/southcentral/2014/09/05/339663.htm Fri, 05 Sep 2014 05:14:11 +0000 http://www.insurancejournal.com/?p=339663 Oklahomans shopping for individual health insurance policies through the federal exchange will be able to choose from six different companies offering multiple plans, the Oklahoma Insurance Department announced. Rate renewals for 2015 policies range from a decrease of 9.1 percent …

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Workers’ Comp Loss Costs Declining Again in Oklahoma http://www.insurancejournal.com/news/southcentral/2014/09/03/339407.htm Wed, 03 Sep 2014 16:41:01 +0000 http://www.insurancejournal.com/?p=339407 For the second straight year, workers’ compensation loss costs used by insurers to determine rates for employers will show an overall decrease in Oklahoma. The National Council on Compensation Insurance (NCCI) has filed an overall loss cost level decrease of …

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Report: Midwest Economy Still Strong, Growth to Continue http://www.insurancejournal.com/news/midwest/2014/09/03/339389.htm Wed, 03 Sep 2014 16:25:34 +0000 http://www.insurancejournal.com/?p=339389 The economy remained strong in nine Midwest and Plains states in August, and a monthly survey of business leaders released Sept. 2 suggests growth will continue in the months ahead. The region’s overall economic index inched up to 57.2 last …

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Oklahoma Widow Awarded $503K in Contested Workers’ Comp Case http://www.insurancejournal.com/news/southcentral/2014/09/02/339207.htm Tue, 02 Sep 2014 16:20:59 +0000 http://www.insurancejournal.com/?p=339207 The widow and son of a Bartlesville, Okla., man who died during firefighting training have been awarded more than $503,000 in federal and state death benefits despite testimony that said the man was never with a fire department. Thomas Russell …

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Oklahoma to Require Earthquake Insurance Education for Producers http://www.insurancejournal.com/news/southcentral/2014/08/27/338765.htm Wed, 27 Aug 2014 16:55:21 +0000 http://www.insurancejournal.com/?p=338765 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 …

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California-Based Palomar Specialty Insurance Expands Into More States http://www.insurancejournal.com/news/west/2014/08/22/338418.htm Fri, 22 Aug 2014 16:32:38 +0000 http://www.insurancejournal.com/?p=338418 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 …

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Sexual Harassment Claims Against Oklahoma Group Settled http://www.insurancejournal.com/news/southcentral/2014/08/11/337270.htm Mon, 11 Aug 2014 16:29:21 +0000 http://www.insurancejournal.com/?p=337270 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 …

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OSHA: Safety Violations Continue at Oklahoma Oil Refinery http://www.insurancejournal.com/news/southcentral/2014/08/06/336955.htm Wed, 06 Aug 2014 16:37:17 +0000 http://www.insurancejournal.com/?p=336955 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 …

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Copper Wire Thieves Hit Oklahoma City, Knock Out Street Lights http://www.insurancejournal.com/news/southcentral/2014/07/31/336340.htm Thu, 31 Jul 2014 16:51:07 +0000 http://www.insurancejournal.com/?p=336340 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. …

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Dhandho Acquiring Louisiana’s Stonetrust Commercial Mutual Insurance http://www.insurancejournal.com/news/southcentral/2014/07/31/336332.htm Thu, 31 Jul 2014 16:44:18 +0000 http://www.insurancejournal.com/?p=336332 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 …

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Northern Oklahoma Hit with 4.3 Magnitude Quake http://www.insurancejournal.com/news/southcentral/2014/07/30/336181.htm Wed, 30 Jul 2014 16:27:38 +0000 http://www.insurancejournal.com/?p=336181 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 …

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Texas Man to Pay $42.1K Restitution for Home Repair Fraud in Oklahoma http://www.insurancejournal.com/news/southcentral/2014/07/22/335384.htm Tue, 22 Jul 2014 04:43:19 +0000 http://www.insurancejournal.com/?p=335384 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 …

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Minor Damage Reported after 2 Oklahoma Earthquakes http://www.insurancejournal.com/news/southcentral/2014/07/16/334838.htm Wed, 16 Jul 2014 17:23:25 +0000 http://www.insurancejournal.com/?p=334838 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, …

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CPro Associates Spin-Off Concentrating on Commercial Insurance Business http://www.insurancejournal.com/news/southcentral/2014/07/16/334793.htm Wed, 16 Jul 2014 16:08:59 +0000 http://www.insurancejournal.com/?p=334793 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 …

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