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Depreciation on ACV is OK, Court Says in Knocking Down Class Action vs. Cincinnati

Mar 27 2026 // A property insurer is on solid ground in applying depreciation to actual cash value, as long as the policy makes that plan clear, a federal appeals court said in shooting down a proposed class-action lawsuit against...

Oklahoma Insurance Producer Has License Revoked Following Investigation

Mar 20 2026 // The Oklahoma Insurance Department (OID) announced it has fined and revoked the license of Leslie Clark, a resident insurance producer from Stigler, Oklahoma, following an investigation led by its Anti-Fraud Unit. On Feb....

Authorities Search Debris After Suspected Tornadoes Kill 6 in Michigan, Oklahoma

Mar 9 2026 // Authorities searched through rubble and debris in southern Michigan on Saturday after suspected tornadoes tore through the region and killed four people, including a 12-year-old boy, during powerful storms also blamed for...

Bayer’s $7.25B Roundup Settlement Gets Initial OK From Judge

Mar 5 2026 // A state court judge in Missouri gave an initial green light on Wednesday to a proposed $7.25 billion settlement to resolve thousands of lawsuits claiming Bayer’s Roundup weedkiller causes cancer. Judge Timothy Boyer...

Oklahoma Captive insurance Program Adds 10 Insurers

Feb 24 2026 // The Oklahoma Insurance Department (OID) announced that its captive insurance program had another record year in 2025 with a net gain of 10 licensed captive insurers. Oklahoma has now surpassed its previous high of 73...

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