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 …
Ashley Scott has been appointed director of Government and Community Affairs and Erin Wainner has been named assistant commissioner for Licensing Services at the Oklahoma Insurance Department (OID). Scott will coordinate legislative efforts with state policymakers, facilitate agency rule promulgation …
Oklahoma Insurance Commissioner Glen Mulready has approved waiving certain requirements for new licenses issued to producers and adjusters. These measures will ensure services remain available during the state’s response to COVID-19. The Oklahoma Insurance Department (OID) contracts with a national …
The Oklahoma Insurance Department (OID) said it is actively investigating a home warranty company that it says has issued warranty policies in that state without a license and now is not paying claims. The OID has received numerous consumer complaints …
