Oklahoma Insurance Department News

Laughlin Named Chief of Staff for Okla. Insurance Commissioner-Elect Mulready

Insurance Commissioner-Elect Glen Mulready has tapped Oklahoma native and longtime conservative adviser, Tyler Laughlin, as chief of staff and first deputy insurance commissioner. Laughlin, currently a deputy commissioner for the Oklahoma Insurance Department, will lead Mulready’s transition into the post. …

Combs Named Oklahoma Deputy Commissioner of Insurance Business Transfers

Oklahoma Insurance Commissioner John Doak has named Buddy Combs the new deputy commissioner of insurance business transfers at the Oklahoma Insurance Department. The move is in preparation for the new Insurance Business Transfer (IBT) law, which becomes effective in November. …

Oklahoma Says Farmowners Insurance Program Insurer, Rockingham, Not Licensed

The Oklahoma Insurance Department says a farmowners insurance program being advertised in Oklahoma is not valid because the insurer, Rockingham Casualty Company, is not licensed to operate in the state. In early January, Rockingham Casualty and Edmond, Oklahoma-based FarmAssure LLC …

Oklahoma Joins International Insurance Information Exchange Agreement

The Oklahoma Insurance Department has joined an international supervisory cooperation and information exchange agreement. According to the International Association of Insurance Supervisors (IAIS), since the first jurisdiction was admitted in June 2009, membership in the IAIS Multilateral Memorandum of Understanding …

Ex-Oklahoma Insurance Agent Told to Stop Conducting Insurance Business

Oklahoma Insurance Commissioner John D. Doak has issued a cease and desist order to a former insurance agent in Cushing. The Oklahoma Insurance Department reported that investigators discovered Mark Lauderdale, whose insurance license expired four years ago, continued collecting payments …

Oklahoma Bill Would Allow Health Insurance Sales Across State Lines

The Oklahoma House Insurance Committee has passed a bill that will allow individuals to purchase health insurance across state lines. Senate Bill 478, by state Rep. Lewis Moore and Bill Brown of the Senate, will allow the Oklahoma Insurance Department …

Insurance Rates to Drop with Oklahoma City Fire Department’s Top Rating

Thousands of Oklahoma City homeowners will save money on their property insurance after the Oklahoma City Fire Department received the top fire protection rating, the Oklahoma Insurance Department reported. The Class 1/4 rating goes into effect June 1. The Insurance …

Oklahoma to Host Public Meetings on Health Care, Insurance Reform

The Oklahoma Insurance Department announced it will host a series of town hall meetings across the state to discuss health care reform. Citizens are encouraged to attend and offer their suggestions. In a statement, Oklahoma Insurance Commissioner John D. Doak …

Oklahoma Commissioner to Ride Along with Troopers to Stress Highway Safety

The Oklahoma Insurance Department announced that Insurance Commissioner John D. Doak will ride along with Oklahoma Highway Patrol (OHP) troopers to raise awareness of highway safety laws. Commissioner Doak wants to make sure drivers are moving over for emergency vehicles, …

Oklahoma to Hold Free Forums for Workers’ Comp Agents, Adjusters

Workers’ compensation professionals in Oklahoma will have the opportunity to learn crucial information about the industry at two free events. The Oklahoma Insurance Department and the National Council on Compensation Insurance (NCCI) will host the 2016 State Advisory Forums on …