Hail No! Why Homeowners Insurance is So Expensive Archives - Oklahoma Watch https://oklahomawatch.org/series/hail-no-why-homeowners-insurance-is-so-expensive/ No Favorites No Falsehoods No Fear Mon, 05 Jan 2026 16:54:37 +0000 en-US hourly 1 https://oklahomawatch.org/wp-content/uploads/2019/10/okwatch-icon-100x100.png Hail No! Why Homeowners Insurance is So Expensive Archives - Oklahoma Watch https://oklahomawatch.org/series/hail-no-why-homeowners-insurance-is-so-expensive/ 32 32 168626729 Judge Allows Attorney General to Intervene in State Farm Hail Lawsuit https://oklahomawatch.org/2025/12/31/judge-allows-attorney-general-to-intervene-in-state-farm-hail-lawsuit/ https://oklahomawatch.org/2025/12/31/judge-allows-attorney-general-to-intervene-in-state-farm-hail-lawsuit/#respond Wed, 31 Dec 2025 12:01:00 +0000 https://oklahomawatch.org/?p=754167

Emotions flared and patience was tested as Oklahoma County District Court Judge Amy Palumbo granted Attorney General Gentner Drummond’s effort to intervene in a State Farm hail case that has raised ire in Oklahoma.

The post Judge Allows Attorney General to Intervene in State Farm Hail Lawsuit appeared first on Oklahoma Watch.

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Emotions flared and patience was tested as Oklahoma County District Court Judge Amy Palumbo granted Attorney General Gentner Drummond’s effort to intervene in a State Farm hail case that has raised ire in Oklahoma.

The post Judge Allows Attorney General to Intervene in State Farm Hail Lawsuit appeared first on Oklahoma Watch.

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State Farm Dodged Billions in 2018 Settlement, Now Faces Fresh RICO Charges in Oklahoma https://oklahomawatch.org/2025/12/18/state-farm-dodged-billions-in-2018-settlement-now-faces-fresh-rico-charges-in-oklahoma/ https://oklahomawatch.org/2025/12/18/state-farm-dodged-billions-in-2018-settlement-now-faces-fresh-rico-charges-in-oklahoma/#respond Thu, 18 Dec 2025 12:00:00 +0000 https://oklahomawatch.org/?p=753918

Attorney General Gentner Drummond’s petition charging State Farm with racketeering under Oklahoma’s version of the RICO laws is not the first time that Oklahoma’s largest writer of homeowners insurance has been accused of being a criminal enterprise. Last time, State Farm agreed to pay $250 million; will they settle once again?

The post State Farm Dodged Billions in 2018 Settlement, Now Faces Fresh RICO Charges in Oklahoma appeared first on Oklahoma Watch.

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Attorney General Gentner Drummond’s petition charging State Farm with racketeering under Oklahoma’s version of the RICO laws is not the first time that Oklahoma’s largest writer of homeowners insurance has been accused of being a criminal enterprise. Last time, State Farm agreed to pay $250 million; will they settle once again?

The post State Farm Dodged Billions in 2018 Settlement, Now Faces Fresh RICO Charges in Oklahoma appeared first on Oklahoma Watch.

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AG Intervenes in State Farm Lawsuit https://oklahomawatch.org/2025/12/04/ag-intervenes-in-state-farm-lawsuit/ https://oklahomawatch.org/2025/12/04/ag-intervenes-in-state-farm-lawsuit/#respond Thu, 04 Dec 2025 21:54:49 +0000 https://oklahomawatch.org/?p=753542

Attorney General Gentner Drummond filed a motion to intervene today in a case against State Farm Fire and Casualty Company, alleging that the company operated a coordinated program to limit roof-related insurance payouts by denying or reducing valid hail and wind claims.

The post AG Intervenes in State Farm Lawsuit appeared first on Oklahoma Watch.

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Attorney General Gentner Drummond filed a motion to intervene today in a case against State Farm Fire and Casualty Company, alleging that the company operated a coordinated program to limit roof-related insurance payouts by denying or reducing valid hail and wind claims.

The post AG Intervenes in State Farm Lawsuit appeared first on Oklahoma Watch.

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Potential Oligopoly: A Deep Dive Into Competition in Homeowners Insurance https://oklahomawatch.org/2025/11/21/potential-oligopoly-a-deep-dive-into-competition-in-homeowners-insurance/ https://oklahomawatch.org/2025/11/21/potential-oligopoly-a-deep-dive-into-competition-in-homeowners-insurance/#respond Fri, 21 Nov 2025 12:00:00 +0000 https://oklahomawatch.org/?p=753156

Oklahoma Watch’s calculations to evaluate competition in Oklahoma’s homeowners insurance market raise serious questions about the statistics Insurance Commissioner Glen Mulready may have used as premiums have skyrocketed.

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Oklahoma Watch’s calculations to evaluate competition in Oklahoma’s homeowners insurance market raise serious questions about the statistics Insurance Commissioner Glen Mulready may have used as premiums have skyrocketed.

The post Potential Oligopoly: A Deep Dive Into Competition in Homeowners Insurance appeared first on Oklahoma Watch.

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Lawmakers, AG Challenge Insurance Commissioner’s Competitive Market Claims https://oklahomawatch.org/2025/11/20/lawmakers-ag-challenge-insurance-commissioners-competitive-market-claims/ https://oklahomawatch.org/2025/11/20/lawmakers-ag-challenge-insurance-commissioners-competitive-market-claims/#respond Thu, 20 Nov 2025 12:00:00 +0000 https://oklahomawatch.org/?p=753114

As officials bicker over Oklahoma’s homeowners insurance market and lawmakers contemplate new legislation, Oklahoma Watch investigates measures of market concentration and digs into legal history to uncover why competition has failed to address skyrocketing rates.

The post Lawmakers, AG Challenge Insurance Commissioner’s Competitive Market Claims appeared first on Oklahoma Watch.

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As officials bicker over Oklahoma’s homeowners insurance market and lawmakers contemplate new legislation, Oklahoma Watch investigates measures of market concentration and digs into legal history to uncover why competition has failed to address skyrocketing rates.

The post Lawmakers, AG Challenge Insurance Commissioner’s Competitive Market Claims appeared first on Oklahoma Watch.

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Lawmakers Get Earful As Oklahoma Home Insurance Rates Skyrocket https://oklahomawatch.org/2025/10/27/lawmakers-get-earful-as-oklahoma-home-insurance-rates-skyrocket/ https://oklahomawatch.org/2025/10/27/lawmakers-get-earful-as-oklahoma-home-insurance-rates-skyrocket/#respond Mon, 27 Oct 2025 11:00:00 +0000 https://oklahomawatch.org/?p=752196

Oklahoma’s soaring homeowners insurance rates are straining families and drawing scrutiny from lawmakers, who are likely to consider additional consumer protection bills in 2026. Regulators cite inflation and severe weather, but critics blame weak state oversight.

The post Lawmakers Get Earful As Oklahoma Home Insurance Rates Skyrocket appeared first on Oklahoma Watch.

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Oklahoma’s soaring homeowners insurance rates are straining families and drawing scrutiny from lawmakers, who are likely to consider additional consumer protection bills in 2026. Regulators cite inflation and severe weather, but critics blame weak state oversight.

The post Lawmakers Get Earful As Oklahoma Home Insurance Rates Skyrocket appeared first on Oklahoma Watch.

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Drummond Takes Mulready to Task Over Homeowners Rates https://oklahomawatch.org/2025/10/13/drummond-takes-mulready-to-task-over-homeowners-rates/ https://oklahomawatch.org/2025/10/13/drummond-takes-mulready-to-task-over-homeowners-rates/#respond Mon, 13 Oct 2025 11:00:00 +0000 https://oklahomawatch.org/?p=751844

Attorney General Gentner Drummond sharply criticized Oklahoma Insurance Department Commissioner Glen Mulready in an Aug. 12 letter over stewardship of the state’s only regulatory safeguard against out-of-control rate hikes.

The post Drummond Takes Mulready to Task Over Homeowners Rates appeared first on Oklahoma Watch.

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Attorney General Gentner Drummond sharply criticized Oklahoma Insurance Department Commissioner Glen Mulready in an Aug. 12 letter over stewardship of the state’s only regulatory safeguard against out-of-control rate hikes.

The post Drummond Takes Mulready to Task Over Homeowners Rates appeared first on Oklahoma Watch.

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The Rates of Wrath https://oklahomawatch.org/2025/08/18/the-rates-of-wrath/ https://oklahomawatch.org/2025/08/18/the-rates-of-wrath/#comments Mon, 18 Aug 2025 11:00:00 +0000 https://oklahomawatch.org/?p=750448

A 2019 Consumer Federation of America auto insurance study reveals that California's prior-approval regulatory framework outperforms Oklahoma's file-and-use framework, costing Oklahomans billions.

The post The Rates of Wrath appeared first on Oklahoma Watch.

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A 2019 Consumer Federation of America auto insurance study reveals that California's prior-approval regulatory framework outperforms Oklahoma's file-and-use framework, costing Oklahomans billions.

The post The Rates of Wrath appeared first on Oklahoma Watch.

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Oklahoma Has Nation’s Highest Average Homeowners Insurance Premiums https://oklahomawatch.org/2025/07/16/oklahoma-has-nations-highest-average-homeowners-insurance-premiums/ https://oklahomawatch.org/2025/07/16/oklahoma-has-nations-highest-average-homeowners-insurance-premiums/#respond Wed, 16 Jul 2025 11:00:00 +0000 https://oklahomawatch.org/?p=749326

Oklahoma Insurance Commissioner Glen Mulready continues to misrepresent Oklahoma’s insurance model, masking statutory quirks that fetishize free market economics and cost Oklahomans millions of dollars.

The post Oklahoma Has Nation’s Highest Average Homeowners Insurance Premiums appeared first on Oklahoma Watch.

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Oklahoma Insurance Commissioner Glen Mulready continues to misrepresent Oklahoma’s insurance model, masking statutory quirks that fetishize free market economics and cost Oklahomans millions of dollars.

The post Oklahoma Has Nation’s Highest Average Homeowners Insurance Premiums appeared first on Oklahoma Watch.

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Hail No! Hail Storms Do Not Explain Oklahoma’s Outrageous Homeowners’ Insurance Rates https://oklahomawatch.org/2025/05/15/hail-no-hail-storms-do-not-explain-oklahomas-outrageous-homeowners-insurance-rates/ https://oklahomawatch.org/2025/05/15/hail-no-hail-storms-do-not-explain-oklahomas-outrageous-homeowners-insurance-rates/#respond Thu, 15 May 2025 11:00:00 +0000 https://oklahomawatch.org/?p=746844

Media accounts parrot the Oklahoma Insurance Department’s claim that the state’s extraordinarily high homeowners’ insurance rates are attributable to hail damage. But the data doesn’t support that explanation.

The post Hail No! Hail Storms Do Not Explain Oklahoma’s Outrageous Homeowners’ Insurance Rates appeared first on Oklahoma Watch.

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Media accounts parrot the Oklahoma Insurance Department’s claim that the state’s extraordinarily high homeowners’ insurance rates are attributable to hail damage. But the data doesn’t support that explanation.

The post Hail No! Hail Storms Do Not Explain Oklahoma’s Outrageous Homeowners’ Insurance Rates appeared first on Oklahoma Watch.

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