A recent court decision regarding the suspension of workers’ compensation benefits for those who return to their jobs after suffering work injuries could lead to an increase in workers’ compensation rates, warns John Doak, Oklahoma’s Insurance Commissioner. Maxwell vs. Sprint PCS The Oklahoma Supreme Court issued its decision in Maxwell vs. Sprint PCS in April. It […]
Although researchers have made great strides towards curing cancer in recent decades, there are still strains of the disease that are notoriously difficult to eradicate. Unfortunately, it can take a significant amount of time for particular procedures to be approved by the medical community. This problem is compounded by the increasing power of insurers to […]
Last week, Oklahoma Insurance Commissioner John Doak published findings revealing that the earthquake insurance market is noncompetitive in the state. As a result, residents are significantly limited in their ability to obtain affordable insurance. In an effort to protect homeowners, the commissioner recently issued an order directing Oklahoma insurance companies to file any rate increases with the […]