Three Carriers Have Approval of Policies for New Opt-Out

By Joey BerlinSouthern Bureau ChiefAs of Thursday, three insurance carriers have secured approval for policies to fit Oklahoma’s new workers’ compensation opt-out, according to Workers’ Compensation Director James Mills, and a fourth carrier says it’s close to having its policy approved.Carriers offering and developing policies to fit the option say initial interest in their new products is high. When Safety National Insurance Co. launched its Oklahoma Elect policy earlier this week, it became the second carrier to launch a policy based on the new Oklahoma Option.&ldquo...