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    • International Insurance Brokers Hires Four Associates

      D.J. Hodgson joined IIB to assist in client service of employer group benefits insurance. She previously worked for PacifiCare of Oklahoma in the regulatory compliance and group sales departments. Hodgson holds an Oklahoma Life and Health A...

    • RediClinic Adds United Healthcare as Newest Insurance Partner

      RediClinic LLC today announced that it has entered into a contractual relationship with UnitedHealthcare, a UnitedHealth Group company, that will enable UnitedHealthcares health plan members to visit RediClinics and receive routine, preventa...

    • Holland Fines Humana $500,000 for Unlicensed Insurance Sales

      Oklahoma Insurance Commissioner Kim Holland announced that Humana Insurance Company has paid a $500,000 fine for using unlicensed agents to sell Medicare Advantage and prescription drug plans to Oklahoma seniors. Humana did not contest the a...

    • CFR Inc. Makes Insurance Sales Fun for Employees

      Much of the credit for the firms growth seems to go to the fact that it is a fun place to work. We are having some phenomenal growth, said Michelle Rakes, vice president of operations, for the 73-year-old agency. CFR wrote property and casu...

    • Catastrophes Strain Insurance Companies

      Freak winter ice storms, floods, tornadoes and wildfires across Oklahoma kept insurance adjusters and agents busy. There were 63 major federal disaster declarations issued nationwide in 2007, according to the Federal Emergency Management Age...

    • US House Digs Into Offshore Reinsurance Tax, Putting Foreign and US Firms at Odds

      In a congressional hearing on closing what some call an offshore reinsurance taxation loophole, opponents of changing the system focused on how consumers might be harmed in places with already shaky insurance markets. Meanwhile, the idea's...

    • Long-term care insurance simplified

      Long-term care costs in Oklahoma continue to rise at a rate outpacing inflation, putting significant financial pressure on those in or near retirement. AARP members residing in Oklahoma can now take advantage of a new program designed by Gen...

    • Sask Ag Minister Will Seeks Compensation For Producers

      The Agriculture Minister of Saskatchewan says you have to see it to believe it in regards to the amount of water lying on the province's cropland. He estimates close to 25% of the crop within the province will not get seeded, and crop alrea...

    • How to Protect Your Home From Future Disasters

      Albany, N.Y. -- By taking some common sense steps now, you can reduce damage to your home and property from high winds, flooding and fire, say state and federal emergency management officials. Some steps are fairly simple and inexpensive, w...

    • Govt committed to ensure protection,implementation of Constitution:PM

      Prime Minister Yousuf Raza Gilani said that the government is committed to protect and implement on the constitution adding that all the democratic institutions in the country are functioning within their limits. Addressing to the inaugural...

    • Allstate to Halt Homeowners Insurance

      Allstate's decision to stop writing new policies in the state because of the threat of costly natural disasters is drawing wide-ranging reactions. Insurance Commissioner Steve Poizner said the move by the Northbrook, Ill.-based insurer was...

    • Rising Stock Markets Help to Stem Upward Trend in Insurance Rates

      After several years of double-digit rate hikes for property and casualty insurance, residents and business owners finally may be in for some relief. The rising stock market, which has an inverse impact on insurance rates over time, as well...

    • Insurers Cry Politics in Bill That Would Limit Use of Credit Data

      The insurance industry is up in arms over a bill that would prohibit the growing practice of using credit information to set premiums and to determine whether to offer insurance to drivers and homeowners. But a more intriguing question is w...

    • Rating Agency Lowers Outlook for Workers Comp Insurer

      A.M. Best Co. downgraded its outlook Wednesday for Employers Direct Insurance Co. to negative from stable, reflecting rising medical claims costs that have forced the Thousand Oaks workers' comp insurer to raise its reserves. In altering th...

    • Insurers Face Flood Of Proposals to Cure Homeowner Affronts

      Sacramento lawmakers have responded to a host of underwriting practices that make it harder to obtain homeowners' insurance. Half a dozen bills are pending in the Legislature, while Insurance Commissioner John Garamendi plans to issue new r...

    • Our View:A Toothless Insurance Czar

      California voters who were fed up with high auto-insurance rates passed a ballot measure they thought would both reduce premiums for urban drivers and create an elected watchdog to make sure insurance companies couldn't gouge consumers. Twel...

    • Plan to Sell Part of State Fund Faces Opposition

      Gov. Arnold Schwarzenegger's plan to raise $1 billion by selling part of the state's scandal-plagued workers' compensation insurance company is running into strong flak from small-business advocates, the insurance industry and the state's e...

    • Refinancing, Sales Fuel Title Insurers

      Low interest rates, rising home prices and record house sales spurred a near doubling in the value of deals insured by Orange County title companies in the past year. Local title insurers handled $47.6 billion in transactions for the 12 mon...

    • Korean-American Insurance Brokerages Acquired

      Hanmi Bank, the largest Korean bank in Los Angeles, is buying two insurance brokerages in Garden Grove. The unit of Los Angeles-based Hanmi Financial Co. is buying Chun Ha Insurance Services Inc. and All World Insurance Services Inc. for un...

    • Insurance Structuring real estate transactions with environmental liabilities

      The presence or possible presence of environmental contamination complicates virtually every real estate transaction. On one hand, the seller/landlord wants to walk away from unknown environmental liabilities as soon as his/her interest pas...
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