Insurance’s Flawed Business Model
At its core, the industry is plagued by an inherent conflict of interest. Our customers don’t have an industry expert advocating solely on their behalf; the experts have financial incentives coming from the insurance industry.
May 24, 2018
Risk Management
Alabama
Alaska
Arizona
Arkansas
California
Animal-Related Insurance Claims Top 1.7M In Four Years
The National Insurance Crime Bureau (NICB) today released a study on the number of animal-related insurance losses for the years 2014—2017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia.
May 23, 2018
Auto
Alabama
Alaska
Arizona
Arkansas
California
Extensive Damage To Oklahoma Home Burned After Lightning Strike
It was a terrifying ordeal for one metro family as lightning struck their children’s bedroom, sparking a fire as smoke filled their home. The two little boys’ beds were only feet away from where the lightning struck, something their parents said may have saved their lives.
May 21, 2018
Property
Oklahoma
Insurers Expected To Pay $1.5B For April’s Severe Weather
A catastrophe report has found that the US re/insurance sector is on the hook for more than half of the total economic loss in April resulting from severe convective weather such as thunderstorms and tornados.
May 10, 2018
Auto
Catastrophe
Property
Alabama
Alaska
Arizona
Arkansas
California
Insurance Commissioner Warning Oklahomans About Road Service, Towing Claims
While the legislative session has come to an end, the leader of an Oklahoma agency is preparing to take matters into his own hands to protect consumers.
May 7, 2018
Legislation & Regulation
Oklahoma
Dippin’ Dots CEO In DUI Crash That Damaged Two Homes
The CEO of ice cream empire Dippin’ Dots was arrested earlier this month after he allegedly crashed his car into a power line pole and two houses in Oklahoma, police revealed Wednesday.
April 27, 2018
Auto
Liability
Oklahoma
Child Playing With Lighter Sparks Tulsa Apartment Fire
Tulsa fire crews are responding to an apartment fire on 61st Street near Highway 169 around 4:15 Tuesday morning. Flames were shooting out of the roof of a building at Sugarberry Apartments.
April 17, 2018
Excess & Surplus Lines
Property
Oklahoma
Crews Battle Wind-Driven Wildfires Across Oklahoma
Firefighters across the state Friday are continuing to battle wildfires in extremely windy and dry conditions on fires that expanded overnight, emergency management officials report.
April 13, 2018
Property
Oklahoma
Oklahoma Gas Rig Explosion Prompts Third Wrongful Death Suit
A third wrongful death lawsuit has been filed over a natural gas rig explosion in Oklahoma that killed five workers. Julie Smith of McAlester, widow of Matthew Smith, filed the lawsuit Wednesday.
March 15, 2018
Excess & Surplus Lines
Liability
Litigation
Oklahoma
Another Strong Earthquake Hits Northern Oklahoma
For the second time in three days, an earthquake stronger than magnitude 4.0 has been recorded in northern Oklahoma. The U.S. Geological Survey reports a 4.1 magnitude quake hit early Tuesday afternoon near the town of Amorita.
March 7, 2018
Property
Oklahoma
Five Missing In Pittsburg County, Oklahoma Gas Well Explosion
Five people were missing after an explosion and fire at a gas well in Pittsburg County, according to Emergency Manager Kevin Enloe. The explosion took place a little before 9 a.m., sending flames shooting 50 feet in the air.
January 22, 2018
Excess & Surplus Lines
Workers' Compensation
Oklahoma
Roadside Scanners To Be Used Against Uninsured Drivers In Oklahoma
Oklahoma has finalized a deal with a Massachusetts company to use license-plate scanners to catch uninsured drivers, and the firm expects to issue 20,000 citations a month starting as early as next year.
November 22, 2017
Auto
Oklahoma
Truck Crashes Into Blake Shelton’s Lake Texoma Home
"There’s a truck sticking out of the front of my freakin’ house!" country music star Blake Shelton told a national audience Friday morning.
November 6, 2017
Auto
Liability
Oklahoma
Multiple Tornadoes, Storm Damage Reported In Oklahoma
An overnight batch of severe storms spawned an EF1 tornado that tore part of a casino roof off in central Oklahoma during a concert and downed power lines and trees throughout the state, emergency managers said Sunday.
October 23, 2017
Auto
Property
Oklahoma
Insurer Sued For Breach Of Contract Over Lost $4M Diamond Ring
An insurance dispute involving former Tulsa Mayor Kathy Taylor and a $4 million blue diamond ring that she lost while vacationing in California has landed in federal court.
October 19, 2017
Litigation
Oklahoma
