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Innovation moves our state forward. At the Oklahoma Insurance Department (OID), we’re committed to creating an environment that embraces innovative thinking. One of the innovative tools we’ve recently brought to Oklahoma is the Insurance Business Transfer (IBT). Oklahoma’s IBT law became effective in November 2018 and Oklahoma became the first U.S. state to embrace IBTs under a structure that closely mimics Part VII Transfers that have taken place in the U.K. for 20 years. In October 2020, Oklahoma became the first state in the U.S. to have an IBT completed and approved by the courts. Since then, we completed the second IBT in August 2021 and are working on our third.
Read moreThe U.S. spends more than $2.9 trillion a year on medical costs, 86% of those costs are related to chronic conditions. That, many of times, translates into productivity loss related to personal and family health problems costing U.S. employers more than $225 billion every year.
Read moreThe Ninth Annual Oklahoma All-Night Singing has been scheduled August 19 at Konawa’s Veteran’s Memorial Park, a spokesman for the Konawa Chamber of Commerce announced this week. Sponsors of the event, in addition to the Chamber of Commerce include the Konawa Lions Club, the City Council, and the Oklahoma All-Night Singing Association Inc. The 1972 event will
Read moreAn Edmond man has been charged with Abuse by Caretaker following an investigation by the Oklahoma Attorney General’s Medicaid Fraud Control Unit (MFCU). Gerald Ngwa, 37, was arrested on July 22, 2022, by an MFCU agent and an Oklahoma County Sheriff Deputy.
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The former Chief Executive Officer of Enviro and founder of the Academy of Seminole is stepping down from the board of the state’s largest charter school.
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The Seminole State College Board of Regents welcomed a new member and named an SSC employee to the position of Vice President for Fiscal Affairs at their meeting on July 21.
Read moreLaw enforcement officers were unable to stop a suspect that was first pursued by an Oklahoma Highway Patrol Trooper before Seminole Police took up the chase after it briefly entered Seminole city limits.
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