The Oklahoma Insurance Department (OID) has expanded their initial pilot launch of OKReady, the Strengthen Oklahoma Homes (SOH) program. The application process opened earlier this month, and the first testing period has been successful, OID said. Two new zip codes …
The Oklahoma Insurance Department is offering assistance to residents affected by the severe storms that hit the state in early November. Tornadoes and severe storms struck Oklahoma Nov. 2-4, injuring at least 11 people and causing damage to homes and …
Oklahoma Governor Kevin Stitt has signed into law Monday a bill, which aims to provide financial grants to construct or retrofit homes, making them more resilient against the destructive forces of tornadoes, windstorms and hail. Under the new law, known …
The Oklahoma Insurance Department (OID) issued a Cease-and-Desist Order against First Premier Home Warranty Corp. for unauthorized sale of home warranty contracts in Oklahoma. Effective immediately, the company is required to halt all sales activities in the state. The OID …
Oklahoma’s captive insurance program reported a 31% net gain in 2023, the Oklahoma Insurance Department said. OID issued 20 new licenses in 2023 with six dissolutions, resulting in a net gain of 14 new captive insurers. Oklahoma’s total number of …
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 …
Oklahoma Insurance Commissioner Glen Mulready informed all property and casualty insurers authorized to do business in the state that upon renewal of an existing policy, each Oklahoma policyholder must receive notice stating any policy provision that has changed which eliminates …
The Oklahoma Insurance Department (OID) has appointed Donald Ashwood as captive coordinator, a position in which he will coordinate increased activity with captive insurers in Oklahoma. Ashwood joined the OID in 2014 and most recently served as financial operations officer. …
Kim Bailey has been named general counsel for the Oklahoma Insurance Department (OID), effective Jan. 19, 2021. Bailey currently serves as general counsel and chief operating officer at the Oklahoma State Department of Health (OSDH). She previously served as general …
The Norman Fire Department in Oklahoma has achieved the highest Public Protection Classification (PPC) rating from the Insurance Service Office (ISO), the insurance department reported. The ISO rates over 50,000 fire departments in the United States. Less than 1% of …
