Rising insurer loss ratios a trend in Okla., exec says

07/19/2013 | Insurance Journal

Storms and other weather-related disasters in the past five years have meant higher insurer loss ratios in Oklahoma, said Dave Ramsey, CEO of the Independent Insurance Agents of Oklahoma. "When you're paying out 14 cents more than every dollar collected, that's a problem. Insurance companies can't survive that way," Ramsey said.

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