The lawyer for an insurance company says the Oklahoma Jazz Hall of Fame is behind on its premiums and that his client has the right to seize the nonprofit group’s assets.
Rick White says State Farm Insurance is owed $11,114 for overdue workers’ compensation premiums — nearly $3,000 more than that demanded from the company in January 2013.
White told the Tulsa World that he has considered taking a truck to the Hall of Fame and loading up its assets.
The hall’s director blamed a sudden increase in premiums and said the bill would be paid by the end of the year.
The museum has had other financial problems over recent years and has modified its lease to help make ends meet.
Topics Workers' Compensation Oklahoma
Was this article valuable?
Here are more articles you may enjoy.
Cyber Rates Are Down, Risks Are Up but Small Businesses Slow to Adopt
Travelers Reports Solid Underwriting, Record Investment Income for Q3
NYC Restaurants Shut Off Air Conditioning, Close on Sundays as Costs Surge
KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event 

