Strong Competition Expected in New Nonsubscriber Market

By David Dankwa, Senior ReporterInsurers, brokers and third-party administrators are expected to introduce new products and service offerings in the coming months targeting Oklahoma employers that may decide to pursue the newly granted option to opt out of the state’s workers’ compensation system.According to William Minick, president of PartnerSource, an insurance adviser and consulting firm that is active in the Texas nonsubscription market, insurers are currently crafting replacement products to cover employee injuries previously insured under Oklahoma’s workers’ com...