Oklahoma’s Commissioner Doak Had a Full Plate in 2011
In his first year as insurance commissioner of Oklahoma, John Doak was a busy man. Doak and the agency he leads had their hands full implementing reforms in the workers’ compensation system, dealing...
View ArticleDoak: Oklahoma Quake Should Prompt Insurance Review
Oklahoma Insurance Commissioner John Doak says a small earthquake in southern Oklahoma should prompt homeowners and renters to consider adding earthquake insurance to their insurance policies. The U.S....
View ArticleTexas Surplus Lines Premium Exceeded $4 Billion in 2012
Premium on policies reported to the Surplus Lines Stamping Office of Texas in 2012 totaled more than $4 billion, a record volume SLSOT reported. This represented an increase of $767 million over 2011,...
View ArticleOklahoma Insurance Commissioner Encourages Homeowners to Purchase Earthquake...
Oklahoma Insurance Commissioner John D. Doak is encouraging Oklahomans to purchase earthquake insurance after a new report predicts continued seismic activity in the central part of the state. The U.S....
View ArticleQuake Comparable to Northridge Would Cause $24B in Insured Losses
A recent poll by the Insurance Information Institute (I.I.I.) found that only one out of 10 American homeowners (10 percent) have earthquake insurance, compared with 13 percent in 2012. In western...
View ArticleEarthquake Insurance Demand Grows in Kansas
People have been flooding insurance agencies with calls about adding earthquake coverage after a 4.8 magnitude temblor rocked part of Kansas on Wednesday. The Wichita Eagle reported that because Kansas...
View ArticleExperts Think Rate of Oklahoma Earthquakes Held Steady in 2014
After increasing rapidly over the past three years, the pace of earthquakes in Oklahoma held steady in 2014 at a rate higher than California and far higher than the historic average in Oklahoma....
View ArticleOklahoma Orders Change in Earthquake Insurance Rating
Oklahoma’s top insurance regulator has determined that there’s a definite lack of competition in the earthquake insurance market in Oklahoma and ordered insurers to change the way they file rates for...
View ArticleLloyd’s Fight Over Coverage for Oklahoma Earthquakes to be Heard by New York...
Lloyd’s of London has kept its lawsuit against New Dominion LLC over fracking out of the state where the ground is shaking. A federal judge in New York agreed Wednesday to decide the lawsuit by Lloyd’s...
View ArticleHigh Costs Keeps Many Alaska Homeowners From Purchasing Quake Insurance
With Alaska’s history of earthquakes, you might assume most homeowners have earthquake insurance. That’s not the case, the Anchorage Daily News reported. Only about 15 percent of Alaska homeowners buy...
View ArticleAnchorage School District Weighing Cost of Earthquake Relief
ANCHORAGE, Alaska — Negotiations between the Anchorage School District and the federal government over earthquake damage relief could result in the district turning down millions in funds, an official...
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