Oklahoma State Supreme Court Upholds Mutualization of Compsource Oklahoma

A unanimous Oklahoma Supreme Court ruled Tuesday against Tulsa Stockyards’ challenge to a 2013 law that changed CompSource Oklahoma into a mutual insurer for workers’ compensation insurance purposes.
 
The stockyards company argued that the restructuring of the former state workers’ comp insurer violated provisions of the Oklahoma Constitution that prohibit making gifts of public money, interference with contracts and paying money out of the state treasury except by appropriation.
 
The law becomes effective on Jan. 1, 2015.


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Chris Moxley

Chris began his career at a Norman insurance agency in 1988 serving as a Branch Manager for 3 years. He joined Professional Insurors in 1995 as a Producer and became Vice-President in 2004, where he overseas human resources and agency operations & technology as well as continuing to manage his client accounts and grow the business. The Agency works with a variety of accounts and Chris specializes in Workers Compensation Risk Management and Insurance. He has worked in Insurance for over 20 years and besides Workers Compensation he has specialized training and experience in the fields of Construction Risk Management and Risk Transfer, Property Management, & Manufacturing.