April 26, 2022
The Oklahoma Insurance Department (OID) announced it will host the inaugural Captive & Insurance Business Transfer (IBT) Conference in Oklahoma City on August 24-25. The conference is designed for risk managers, business owners, regulators, financial executives and insurance professionals, the …
December 3, 2020
Wisconsin-based Sentry Insurance (Sentry) has gained approval from the Oklahoma Insurance Department to submit its Insurance Business Transfer (IBT) Plan to the District Court of Oklahoma County. This is the second IBT approved by an insurance commissioner in the United …
October 16, 2020
The District Court of Oklahoma County has approved Providence Washington Insurance Company (PWIC) to complete its Insurance Business Transfer (IBT) Plan, making it the first such transfer in the United States, according to Oklahoma Insurance Commissioner Glen Mulready. The Oklahoma …
November 26, 2019
Oklahoma Insurance Commissioner Glen Mulready on Nov. 26 authorized Rhode Island-based insurance Providence Washington Insurance Co. (PWIC) to submit its Insurance Business Transfer (IBT) Plan to the District Court of Oklahoma County for approval. According to the Oklahoma Insurance Department, …