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Oklahoma Insurance Study Cites Uninsured Driver Costs
OKLAHOMA CITY (AP) -- A study by the Oklahoma Insurance Department suggests Oklahoma is losing $8.8 million annually in state revenue from uninsured drivers. Department Chief Actuary Frank Stone prepared the analysis using data provided by the Insurance Research Council, the U.S. Department of Transportation and the National Association of Insurance Commissioners. The evaluation suggests the money is lost in the form of premium taxes that are not paid on the estimated 563,000 uninsured vehicles in the state. About half of that money would go into the state's general revenue fund while the rest would be deposited into various state public safety pension programs. Insurance Commissioner John Doak says he is pushing for legislative changes in 2013 to tackle the problem of uninsured drivers, including increased fines. "Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast rewritten or redistributed."
Posted: Wednesday, January 9 2013, 09:33 AM CST
IN OKLAHOMA NEWS
Tornado watch issued for western, central Oklahoma
May 18, 2013 22:57 GMT
OKLAHOMA CITY (AP) -- A tornado watch is in effect for western and central Oklahoma.
The weather system brought severe thunderstorms to the Altus and Clinton areas, as well as Harper County late Saturday afternoon. There were no reports of rotation as evening approached but the tornado watch lasts until 11 p.m. Saturday.
The dangerous weather is forecast to continue into Sunday night as the system progresses to the east.
The tornado watch area Saturday stretched from eastern edge of the Panhandle to include the Oklahoma City area.
Forecasters warn that the system could also bring large hail.
The National Weather Service in Norman reports tennis ball-size hail along U.S. 62 near the border of Harmon and Jackson counties in the state's far southwest.
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From the FOX 25 First Forecast Center..
Hello everyone...Stay tuned to the weather this weekend as Tornado Alley will come to life with isolated to scattered severe t'storms from time to time. ...
Gauge of US economy's future health up in April
WASHINGTON (AP) -- A measure of the U.S. economy's future health rose in solidly in April, buoyed by a sharp rise in applications to build new homes and apartments.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: LABOR GROUP SAYS CONDITIONS AT APPLE PLANTS IMPROVING
WASHINGTON (AP) -- A labor group Apple joined to assess working conditions at three manufacturing plants in China, where its products are made, says conditions are getting better.
ON THIN ICE?
ANCHORAGE, Alaska (AP) -- He was already on thin ice with the law when he failed to meet the conditions of his probation.