Gov. Fallin Signs Bill Requiring Pool Reporting

Gov. Mary Fallin has signed a bill into law that will require public schools' self-insurance pools to file audited financial statements with the Oklahoma Insurance Department.Fallin signed Senate Bill 692, by Sen. Bryce Marlatt, R-Woodward. The bill requires schools' insurance pools to file financial analyses with the Insurance Department.Insurance Commissioner John Doak issued a news release Friday stating that he supports the new measure, because it will promote financial transparency and help schools understand the potential liability they could incur by joining such pools."School d...