Oklahoma 98th Annual Report & Directory of Insurance and Related Companies for the year ending December 31, 2004 Oklahoma Insurance Department | 800-522-0071 • 405-521-2828 Kim Holland, Insurance Commissioner This publication, printed by Quik Print, is issued by the Oklahoma Insurance Department as authorized by Insurance Department Commissioner Kim Holland. Five hundred copies have been prepared and distributed at a cost of $2,300.00. Copies have been deposited with the Publications Clearinghouse of the Oklahoma Department of Libraries. INDEX General Duties of the Insurance Commissioner ................................................................. II Insurance Department Divisions and Phone Numbers ....................................................III Insurance Department Receipts and Expenditures ............................................................ V Services Provided for Calendar Year 2004 ..........................................................................VI Summary of Requests for Assistance ................................................................................VII Licensed Admitted Insurance Companies ........................................................................... X Licensed Companies ................................................................................................................ 1 Excess and Surplus Lines Companies ................................................................................. 66 Motor Service Clubs .............................................................................................................. 70 Prepaid Dental Services and Health Maintenance Organizations .................................. 71 Multiple Employer Welfare Arrangements ......................................................................... 72 Risk Retention Groups ........................................................................................................ 73 Accredited Reinsurers ........................................................................................................... 74 Warranty Companies ............................................................................................................ 75 Prepaid Funeral Benefits Permit Holders ........................................................................... 77 Professional Employers Organizations ............................................................................... 81 Market Share Reports ........................................................................................................... 83 Table I - Life, Accident & Health Market Share ................................................................ 83 Table II - Property & Casualty Market Share .................................................................... 84 Table III - Fraternal Market Share ...................................................................................... 85 Table IV - Title Market Share .............................................................................................. 85 Table V – HMO, Non-Profit Organizations and Prepaid Dental Market Share ......... 85 Table VI - Life, Accident & Health Top Ten Companies ................................................. 86 Table VII - Property & Casualty Top Ten Companies ..................................................... 92 Table VIII - Fraternal Top Ten Companies ......................................................................104 Table IX - Title Top Ten Companies ................................................................................106 Agents Continuing Education Providers ..........................................................................107 Adjusters Continuing Education Providers ......................................................................113 General Duties of the Insurance Commissioner Commissioner Kim Holland and her staff are responsible for: Collection of premium taxes and fees Licensing of insurance companies Investigations of claims and complaints Financial and market conduct examinations of insurance companies Approval of mergers and acquisitions of Oklahoma insurance companies Licensing, supervision and regulation of insurance agents Licensing, supervision and regulation of insurance adjusters Licensing, supervision and regulation of motor service clubs Licensing, supervision and regulation of bail bondsmen Licensing, supervision and regulation of real estate appraisers Holding Company Registration Statements Supervision of the Oklahoma Property and Casualty Insurance Guaranty Association Supervision of the Oklahoma Life, Accident and Health Insurance Guaranty Association Commissioner Holland also acts as: Statutory judicial receiver for rehabilitation or liquidation of insurance companies Administrative supervisor for the rehabilitation of insurance companies Service agent for foreign insurance companies Service agent for non-resident insurance agents Administrator for Prepaid Funeral Benefits Acts And in addition, serves as: Chairman, State Board for Property and Casualty Rates Chairman, Oklahoma Real Estate Appraiser Board State Director, Oklahoma Motor Vehicle Assigned Risk Plan Member, Oklahoma Police Pension & Retirement Board Member, Oklahoma Firefighters Pension & Retirement Board Member, Oklahoma State & Education Employees Group Insurance Board Member, Board of Trustees, Oklahoma Public Employees Retirement System II Oklahoma Insurance Department Divisions The Oklahoma Insurance Department is organized into 15 primary divisions, each charged with a specific regulatory objective. The divisions, telephone numbers and descriptions are as follows: Kim Holland, Insurance Commissioner .........................................................................(405) 521-2828 In State Toll-free .............................................................................................................(800) 522-0071 FAX ................................................................................................................................(405) 521-6635 Administrative Services Division ....................................................................................(405) 522-1770 This division performs the human resource functions for the agency. This division also maintains files and records inventory for the Department; and designs and publishes publications for the general public. Consumer information material is distributed at public events, and may also be obtained directly from the Department or through our web site. Agents Licensing Division ..............................................................................................(405) 521-3916 Agents Licensing is responsible for the licensing of resident or non-resident agents and adjusters who desire to do business in Oklahoma. The division determines whether applicants for licenses meet the qualifications set forth in the statutes of the State of Oklahoma and for administering the examinations to all agents and adjusters. Bail Bond Division .........................................................................................................(405) 521-6610 This division is responsible for determining whether applicants for bail bond licenses meet the qualifications set forth in the statutes of the State of Oklahoma. This division also administers examinations given to all bail bondsmen. Comptrollers Division ....................................................................................................(405) 521-6655 This division is in charge of all of the internal fiscal affairs of the insurance department, including the preparation of payroll, purchasing of equipment and keeping of all fiscal records as required by law. Claims/Consumer Assistance Division ...........................................................................(405) 521-2991 This division investigates all complaints lodged against insurance companies by the public. Further, this division answers all routine requests for information concerning insurance companies and insurance policies. Information Technology Division ...................................................................................(405) 522-6183 This division provides all internal data processing services to the other divisions of the Oklahoma Insurance Department. Further, it provides the public with both summary and detailed information from many of the records maintained by this office. Financial Division ...........................................................................................................(405) 521-3966 This division determines whether insurance companies applying for admission to do business in the State of Oklahoma meet the qualifications for admittance as set forth by law. This division, through outside examiners, conducts the statutory examination of all domestic insurance companies of the State of Oklahoma and collects all premium taxes and statutory fees due to the State. Investigation/Anti-Fraud Unit Division .........................................................................(405) 521-6614 This division is responsible for investigating complaints against licensed insurance entities. If evidence of wrongdoing or non- compliance with the insurance laws is found, the information is forwarded to the Legal Division. III Legal Division .................................................................................................................(405) 521-2746 The General Counsel represents the public interest in all proceedings