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Recent changes
Oklahoma Homes Program Applications Filled for First Quarter
The Oklahoma Insurance Department announced that its Strengthen Oklahoma Homes (SOH) program has filled all 300 available applications for the first quarter of 2026. The program offers grants up to $10,000 for storm-resilient housing upgrades. The next application period is expected to open in early April 2026.
Oklahoma Insurance Department Storm Guidance
The Oklahoma Insurance Department (OID) has issued guidance for residents affected by severe storms that impacted the state on March 5-6, 2026. The guidance provides tips for documenting damage, making temporary repairs, filing claims, and dealing with contractors to avoid fraud.
Oklahoma Insurance Commissioner Approves CompSource Mutual Reorganization
The Oklahoma Insurance Commissioner has approved the reorganization plan for CompSource Mutual Insurance Company. This marks the first conversion of its kind in Oklahoma under a 2024 law designed to streamline mutual insurance structures and enhance market competitiveness.
State Farm Policyholder Dividend Announcement
The Oklahoma Insurance Department announced that State Farm is returning a $5 billion dividend to qualifying auto policyholders nationwide, with Oklahoma policyholders receiving over $101.5 million. This action follows strong underwriting performance and prior rate reductions.
Texico Public Protection Classification Changes
The New Mexico Office of the Superintendent of Insurance issued Bulletin 2026-005 regarding changes to Texico's Public Protection Classification (PPC) effective August 1, 2026. Insurers must notify policyholders of potential premium impacts within ninety days of the bulletin.
Ruidoso Policyholders Move from Class 2 to Class 3 Rating
The New Mexico Office of the Superintendent of Insurance issued a corrected bulletin regarding Ruidoso's Public Protection Classification. Policyholders in Ruidoso's fire service protection areas will move from a class 2 to a class 3 rating, effective July 1, 2026. Insurers must notify affected policyholders within ninety days of the bulletin's date.
Repeal of Insurance Bulletin 2023-009
The New Mexico Insurance Department has repealed Bulletin No. 2023-009, originally issued on April 6, 2023. This action formally removes the previous bulletin from effect. The repeal is effective as of January 27, 2026.
Ruidoso Insurance Policyholders Downgraded to Class 3 Rating
The New Mexico Office of the Superintendent of Insurance issued a bulletin notifying insurers that Ruidoso, NM policyholders are being downgraded from a Class 2 to a Class 3 Public Protection Classification (PPC) rating, effective July 1, 2026. Insurers must notify affected policyholders within 90 days of the bulletin.
New Mexico Insurance Bulletin 2026-005 Issued, Bulletin 2022-004 Repealed
The New Mexico Office of the Superintendent of Insurance has issued Bulletin 2026-005, which repeals Bulletin 2022-004. Bulletin 2022-004 was originally issued on April 4, 2022. The new bulletin was issued on January 12, 2026.
Two Charged with Insurance Fraud in Winston-Salem
The North Carolina Department of Insurance announced the arrest of two women in Winston-Salem for insurance fraud. Arshana Aisha Young was charged with multiple felonies related to falsely claiming an accident and attempting to obtain an insurance payment. Vernell Patricia Wagner was charged with aiding and abetting the fraud.
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