Oklahoma House passes insurance bill to tighten claims oversight
Oklahoma lawmakers advanced HB 2933, adding claims reporting, mediation rules, a Homeowner Claims Bill of Rights, and stronger consumer protection
🇺🇸 Oklahoma Insurance News
Latest Oklahoma insurance news from US insurers and regulators. Explore auto, home, life, P&C, pet and health insurance, including insurance rates, insights, trends, and breaking insurance news from the United States.
Oklahoma Senate advances bill mandating liability insurance for events
Oklahoma Senate passes bill requiring $1mn liability coverage for special event alcohol licenses, raising concerns over costs for small businesse
Farmers Insurance sues former Oklahoma agent over alleged client diversion
Farmers Insurance filed a lawsuit accusing a former Oklahoma agent of redirecting customers and policies to competing insurers before leaving the company
Oklahoma homeowners insurance market faces lawsuits and rate scrutiny
Homeowners insurance pricing in Oklahoma is drawing growing political, legal, and regulatory attention. Premiums in Oklahoma rank among the highest in the United States
Oklahoma insurance reform advances as profit oversight House Bill 2933 fail
Oklahoma Insurance Commissioner Glen Mulready’s policy package cleared its first legislative hurdle after the House Civil Judiciary Committee unanimously advanced House Bill 2933
Oklahoma senator files bills targeting insurer profits and rates
An Oklahoma state senator introduced a package of insurance reform bills aimed at addressing rising premium costs across the state
INSURICA closes largest acquisition with First Light Program Managers deal
The Florida-based wholesale and delegated underwriting platform strengthens INSURICA’s push into transportation and specialty E&S lines amid a tightening commercial auto market
Oklahoma insurance proposals spark backlash over lawsuit limits
Oklahoma regulators unveiled insurance proposals critics say dodge premium spikes and tilt the system against policyholders seeking legal relief
Iowa Attorney back dismissal of Lockheed pension transfer lawsuit
Nine state attorneys general urged a federal court to dismiss a lawsuit challenging Lockheed Martin’s pension risk transfer to Athene
Skyward clears approvals for $555 mn Apollo deal, targets Q1 2026 close
Skyward wins regulatory and shareholder approvals for its $555mn Apollo acquisition, adding Lloyd’s syndicates and issuing fresh 2026 pro forma guidance
Lloyd Smucker disputes Pennsylvania’s statement on ACA insurance premium spikes
Rep. Lloyd Smucker disputes Pennsylvania Insurance Department’s statement on ACA premium spikes, demanding transparency over tax credit assumptions
Alabama’s fortified homes program proves insurance savings, spurs nationwide adoption
Homes built to IBHS fortified standards cut claims severity by 15%–40% and reduce loss frequency by at least 55%
Oklahoma bans assignment of benefits for property and auto insurance claims
Oklahoma Governor Kevin Stitt has signed House Bill 1084 into law, prohibiting most forms of assignment of benefits agreements under auto, residential, andl property insurance
California Assembly Insurance Committee approved the California Safe Homes Act
The California Assembly Insurance Committee approved the California Safe Homes Act with a 16-0 vote. The legislation, backed by the insurance industry
Truss Peak acquired Leaders Life Insurance, based in Oklahoma
Truss Peak Holdings LLC, through its subsidiary TPH Insurance Hold Co. LP, has acquired Leaders Life Insurance Co., based in Tulsa, Oklahoma
April severe weather brings widespread hail and tornado damage – Aon
Severe weather in the second half of April caused significant property damage across several U.S. states, with insured losses expected to reach hundreds of millions of dollars
U.S. insurers face losses between $1 bn and $3 bn from a severe weather outbreak in March
Insurers face losses between $1 bn and $3 bn from a severe weather outbreak in mid-March, according to Gallagher Re
Winter storms affected the U.S., potentially causing insured losses in the tens of mn
Winter storms from Jan. 9-11 affected the southern U.S., potentially causing insured losses in the tens of mn, Aon reported
Oklahoma’s Strategic Bitcoin Reserve Act aims to strengthen State’s financial future
Rep. Cody Maynard, R-Durant, has introduced the Strategic Bitcoin Reserve Act (HB1203), a new legislative proposal aimed at making Oklahoma a leader in digital asset investments
Oklahoma Commissioner issued regulatory guidance for insurers using AI
Oklahoma Insurance Commissioner Glen Mulready issued a bulletin outlining regulatory guidance for insurers using artificial intelligence
U.S. Supreme Court seeks opinion on Oklahoma’s PBM law appeal
The U.S. Supreme Court requested the opinion of the Office of the Solicitor General on Oklahoma’s appeal regarding a Tenth Circuit Court ruling
Average U.S. homeowners insurance premiums increased – IRC report
Average U.S. homeowners insurance premiums have increased at a rate that has outpaced household income from 2001 to 2021
Insured loss from Severe Convective Storm outbreak will be $5.5 bn
KCC estimates that the insured loss from this Severe Convective Storm (SCS) outbreak will be close to $5.5 billion. The KCC loss estimate includesthe privately insured damage
U.S. Regulators are assailing the Biden’s plan for collecting climate risk data from insurers
State insurance regulators are assailing the Biden administration’s plan for collecting detailed information from insurance companies to analyze climate risk
Finding affordable health insurance in California can be overwhelming. You’re faced with dozens of plan options, unfamiliar terms and questions about whether you qualify for subsidies through Covered California
Insurers enter 2026 with longer settlement cycles, rising volumes, and slow AI adoption, increasing costs and operational risk, AutoRek finds
Global insurance M&A stabilised, as insurers and brokers took a more strategic approach to acquisitions amid falling interest rates and a realignment of strategic priorities
U.S. life insurers posted modest Prism score gains, with resilient capital strength despite rising annuity volumes and investment risk pressures