The Commissioner may make reciprocal agreements with other states to further the purposes of this act.
Added by Laws 1987, c. 157, § 17, emerg. eff. June 25, 1987.
Structure Oklahoma Statutes
§36-105. "Transacting" insurance.
§36-106. "Insurance Commissioner" defined.
§36-107.3. Pharmacy Choice Commission defined.
§36-108. "Insurance Department" defined.
§36-110. Application as to particular types of insurers.
§36-114. Existing actions, violations.
§36-115. Particular provisions prevail.
§36-121. Computation of time periods.
§36-122. Electronic filing of documents.
§36-123. Delivery and storage of electronic documents.
§36-124. Incorporation of new measures into benefit plans.
§36-301. Insurance Department.
§36-302. Insurance Commissioner.
§36-302.1. Insurance Department Oklahoma City office location.
§36-303. Official seal of Insurance Commissioner.
§36-304. Funds to be deposited weekly - Collection by nongovernmental entities.
§36-305. Commissioner may appoint assistants; legal counsel.
§36-305.1. Delinquency proceedings; appointment of personnel; exemptions.
§36-306. Records - Disclosure.
§36-307. Duties of Insurance Commissioner.
§36-307.1. Rules and regulations.
§36-307.2. Nonpublic personal information.
§36-307.3. State Insurance Commissioner Revolving Fund.
§36-307.4. Use of grant - Audited annually.
§36-307.5. Insurance Department Anti-Fraud Revolving Fund.
§36-307.6. Insurance Department Pharmacy Benefits Manager Revolving Fund.
§36-309.1. Examinations - Definitions.
§36-309.2. Nature and frequency of examinations - Reports in lieu of examinations.
§36-309.3. Appointment of examiner - Compliance with examiner's requests - Powers of Commissioner.
§36-309.4. Report of examination - Review by Commissioner - Investigatory hearing - Disclosure.
§36-309.5. Examiner's conflict of interest.
§36-309.6. Payment of charges.
§36-310A.2. Material acquisitions or dispositions defined - Information to be disclosed in report.
§36-311.1. Fraudulent or false statement - Failure to timely file statement - Penalty.
§36-311.2. Reports on financial condition.
§36-311.3. Financial reports regarding real property.
§36-311A.1. Short title - Oklahoma Annual Financial Report Act.
§36-311A.4. Annual audit - Extensions.
§36-311A.5. Contents of annual audited financial report.
§36-311A.7. Qualified independent certified public accountants.
§36-311A.8. Audited consolidated or combined financial statements.
§36-311A.9. Conduct of audit of financial statements.
§36-311A.12. Accountant letter to insurer - Contents.
§36-311A.13. Work papers - Availability for examiner review - Copies.
§36-311A.14. Audit committee - Membership - Duties.
§36-311A.14.1. Internal audit function requirements - Exemptions.
§36-311A.15. Unlawful misleading statements - Manipulating accountant.
§36-311A.16. Report of the insurer's internal control over financial reporting.
§36-311A.17. Exemptions from compliance - Effective dates.
§36-311A.18. Canadian and British insurers - Letter of conformity.
§36-312A. Enforcement and recording of penalties and fees.
§36-317. Witnesses or evidence.
§36-321. Fees and licenses - Deposits.
§36-321.1. Report fees - Information requests - Costs.
§36-332. General duties - Powers.
§36-334.1. Training of rate analysts and assistant rate analysts - Tuition and fees.
§36-335. Conflicts of interest - Exceptions.
§36-350. Electronic format filing requirement.
§36-352. Commissioner authorized to refund certain fees.
§36-361. Anti-Fraud Unit - Investigations - Confidentiality of records
§36-362. Fees – Transfer to Attorney General’s Insurance Fraud Unit Revolving Fund.
§36-363. Notification of suspected fraud - Immunity.
§36-364. Seizure of property used in insurance-related crimes.
§36-365. Insurance-related crime property - Forfeiture - Replevin.
§36-402. Persons prohibited from engaging in business of insurance - Exception - Penalty.
§36-403. Powers of Insurance Commissioner - Injunctive relief.
§36-404. Business of insurance.
§36-405. Emergency cease and desist order - Hearing - Judicial review - Attorneys fees.
§36-601. "Domestic" insurer defined.
§36-602. "Foreign" insurer defined.
§36-603. "Alien" insurer defined.
§36-604. "State," "United States" defined.
§36-606. Authority to transact insurance required.
§36-607. General qualifications to transact insurance.
§36-607.1. Certain entities considered insurers - Audited financial reports - Actuarial opinions.
§36-608. Workers' compensation insurance.
§36-608.2. Assigned risk plan for employers unable to procure coverage in the voluntary market.
§36-609. Kinds of insurance an insurer may transact.
§36-610. Capital funds or minimum surplus required.
§36-612. Additional kinds of insurance - Requirments.
§36-612.1. Kinds of insurance; requirements.
§36-612.2. Workers' compensation insurance - Required capital and surplus.
§36-613. Deposit requirements.
§36-613.1. Surety bond or other security arrangement required.
§36-615.1. Application to transact insurance - Application review.
§36-615.2. Biographical affidavit.
§36-616. Issuance or refusal of certificate.
§36-617. Renewal and amendment of certificate.
§36-618. Mandatory revocation or suspension.
§36-619. Discretionary revocation or suspension; civil fines.
§36-619.1. Availability of coverage without regard to geographic location.
§36-619.3. Motor vehicle liability insurer compliance.
§36-621. Service of legal process on foreign or alien insurers.
§36-622. Manner of service of process.
§36-624. Report of premiums, fees and taxes - Payment - Penalties.
§36-624.1. Tax credit for taxes paid by domestic insurer in foreign state.
§36-624.2. Refund of erroneously paid premium tax – Filing – Demand for hearing.
§36-624.3. Refund of adverse economically targeted and home office credit deductions.
§36-625. Credit against tax by investment in Oklahoma securities.
§36-625.1. Premium tax credit.
§36-625.2. Premium tax credit - Applicable insurers.
§36-625.3. Insurance companies - Home office - Tax credit.
§36-625.4. Credit against premium tax.
§36-626. Collection proceedings.
§36-629. Estimate and prepayment of premium tax - Crediting.
§36-630. Failure to make payments timely - Penalties.
§36-632.1. Home service contracts and home warranties not insurance.
§36-633. MEWA defined - Information relating to administrative services contracts.
§36-634. Valid license required - Exempt entities.
§36-635. License eligibility requirements - Filing of contracts.
§36-636. Use of words or descriptions causing beneficiaries to believe MEWA is insurance company.
§36-637. Application for license.
§36-641. Promulgation of rules relating to multiple employer welfare arrangements.
§36-650. Competition with Nine-One-One system prohibited.
§36-701. Definitions not mutually exclusive.
§36-702. "Life insurance" defined.
§36-703. "Accident and health insurance" defined.
§36-704. "Property insurance" defined.
§36-705. "Marine insurance" defined.
§36-706. "Vehicle insurance" defined.
§36-707. "Casualty insurance" defined.
§36-708. "Surety insurance" defined.
§36-709. "Title insurance" defined.
§36-711. Allowance for credit or increase in amount at risk – Contract requirements.
§36-712. Posting of standard policies and endorsements.
§36-901.3. Filing - Contents and procedure.
§36-902. Excessive, inadequate or unfairly discriminatory rates.
§36-902.2. Factors for review of filing - Weight - Prohibited expenses.
§36-903.2. Workplace safety plans - Expenses of implementation.
§36-907. General powers of the Insurance Commissioner.
§36-907.1. Monitoring and examination of rates.
§36-908. Administrative penalties.
§36-924.3. Appeals of rating classifications.
§36-932. Joint underwriting or joint reinsurance.
§36-940. Inquiry regarding making claim – Prohibited acts.
§36-944. Motor vehicle policies - Restriction on cancellation or increasing rates.
§36-953. Use of credit information - Prohibited acts.
§36-954. Reunderwriting and rerating of insured - Refund of overpayment.
§36-955. Disclosure statement.
§36-956. Adverse action based upon credit information - Notification to consumer.
§36-957. Filing of scoring models or other scoring processes.
§36-958. Indemnification of agents.
§36-959. Sale of data or lists by consumer reporting agencies.
§36-961. Premium discount or rate reduction for resistance to tornado or other wind events.
§36-963. Insurable property defined.
§36-965. Promulgation of rules to implement and administer the act.
§36-981. Short title and purposes of act.
§36-985. Ratemaking standards.
§36-985.1. Regulation of rates in market without competition.
§36-989. Improper rates – Disapproval - Hearing.
§36-990. Challenge and review of application of rating system.
§36-992. Insurers - Prohibited activity.
§36-994. Advisory organizations - Filing requirements.
§36-995. Joint underwriting, joint reinsurance pool and residual market activities.
§36-996.1. Assigned risk plans.
§36-997. Commercial special risks.
§36-998. Appeals from Commissioner.
§36-999.4. Subsidence coverage for residences, living units and commercial buildings - Exemption.
§36-999.5. Coverage for additional living expenses.
§36-999.6. Refusal to cover unrepaired damage.
§36-999.7. Right of subrogation.
§36-1100. Short title - Purpose and effect.
§36-1100.2. Authority to enter multistate agreements.
§36-1101. Representation of unauthorized insurers prohibited.
§36-1101.1. Domestic surplus line insurers.
§36-1102. Validity of contracts effectuated by a surplus lines insurer.
§36-1103. Service of process on a surplus lines insurer.
§36-1104. Exemptions from service of process provisions.
§36-1106. Surplus lines - Brokers.
§36-1106.1. Due diligence search.
§36-1106.2. Due diligence - Flood insurance with a nonadmitted insurer.
§36-1107. Multistate risk - Required application and informational filings - Fee payments.
§36-1108. Recognized surplus lines.
§36-1109. Validity of surplus line insurance - Notice of limitations of coverage.
§36-1111. Acceptance of surplus line business by brokers.
§36-1112. Solvent insurer required - License revocation - Penalties.
§36-1113. Records of surplus lines licensees or brokers.
§36-1114. Broker's annual statement.
§36-1115. Tax on surplus lines - Surplus lines insurer.
§36-1116. Penalty for failure to remit tax.
§36-1118. Legal process against surplus line insurer.
§36-1119. Exemptions from surplus lines provisions.
§36-1120. Records of insureds.
§36-1125. Filing requirements.
§36-1126. Public access to documents and reports - Confidentiality.
§36-1140. Definitions - Licensing - Application - Duration of license.
§36-1142. Permitted activities and services.
§36-1143. Review of advisory organization actions.
§36-1144. Examination by Insurance Commissioner - Scope - Report by official of another state.
§36-1145. Rules and statistical plans - Commissioner authority to promulgate - Scope.
§36-1146. Withholding or providing false or fraudulent information - Prohibition - Punishment.
§36-1147. Suspension or revocation of license - Commissioner authority - Procedure.
§36-1148. Adherence to loss cost filings - Application to workers' compensation insurance.
§36-1163. Exclusion from application for certain policies or coverage certificates.
§36-1164. Exclusion from application for certain unmet terms, conditions and limitations.
§36-1165. Participation in employer sponsored health plan - Retired military employees.
§36-1201. Declaration of purpose.
§36-1203. Unfair methods of competition or unfair and deceptive acts or practices prohibited.
§36-1204. Unfair methods of competition and unfair or deceptive acts or practices defined.
§36-1204.1. Availability of loss runs and claims histories.
§36-1205. Power of commissioner.
§36-1206. Statement of charges and notice of hearing - Opportunity to be heard.
§36-1207. Cease and desist orders and modifications thereof.
§36-1208. Judicial review of cease and desist orders.
§36-1210. Judicial review by intervenor.
§36-1212. Provisions of act additional.
§36-1213. Immunity from prosecution.
§36-1214. Fair disclosure - Protection against misleading sales methods.
§36-1219.3. Discounted reimbursement and disclosure of reimbursement terms prohibited.
§36-1219.4. Definitions - Requirements for discount medical plan organizations - Penalties.
§36-1219.5. Modification of existing or issuance of new coverage - Consent.
§36-1219.6. Methods of payments to providers – Prohibition on restricting methods – Notice of fees.
§36-1220. Exclusive agents - Restrictions.
§36-1241. Property and casualty insurer - Acceptance or denial of application.
§36-1250.4. Claim files - Examination - Response to inquiries.
§36-1250.5. Acts by an insurer constituting an unfair claim settlement practice.
§36-1250.7. Property and casualty insurer - Denial or acceptance of claim.
§36-1250.8. Motor vehicle total loss or damage claim.
§36-1250.10. Enforcement - Standards of performance - Complaints - Investigations.
§36-1250.11. Statement of charges - Notice of hearing.
§36-1250.13. Cease and desist order – Enforcement.
§36-1250.14. Violation of act - Penalty.
§36-1250.16. Rules and regulations.
§36-1250.17. Nonemergency patient form - Perjury.
§36-1415.3. Navigator registration – Application – Requirements - Violations.
§36-1415.4. Navigator limitations and prohibited actions.
§36-1415.5. Implementation of rules and regulations.
§36-1416. State Innovation Waiver
§36-1435.1. Short title - Application of act.
§36-1435.3. Agency of insurance producer - Authority - Commissions.
§36-1435.4. License required for selling, soliciting, or negotiating - Waiver of penalty.
§36-1435.5. When license not required.
§36-1435.9. Nonresident producer license.
§36-1435.10. Exemptions from examination requirement.
§36-1435.11. Use of assumed name.
§36-1435.12. Temporary license without examination – Protection of insureds and public.
§36-1435.13a. Property and casualty insurance producers - Fiduciary duties - Violation - Punishment.
§36-1435.20a. Sale of storage insurance by self-storage facility.
§36-1435.21. Licensure for purposes of writing controlled business prohibited.
§36-1435.22. Applicant to file bond prior to issuance of license.
§36-1435.23. License fees – Collection by Commissioner.
§36-1435.26. Unlawful acts and penalties.
§36-1435.27. Facsimile signature stamp as proof.
§36-1435.28. Ownership interest by producer in policy – Insurable interest.
§36-1435.29. Prelicensing and continuing education.
§36-1435.33. Maximum agent’s fees on renewals.
§36-1435.36. Certain information to be included on license - Term of license.
§36-1435.39. Refusal of license - Fees not refundable.
§36-1435.41. Providing insurance policy information - Exception.
§36-1441.1. Administrator of certain group self-insurance associations exempted from act.
§36-1443. Written agreement required - Examination, audit and inspection of records.
§36-1444. Payments to administrator - Rights against administrator.
§36-1445. Fiduciary capacity and duties of administrator.
§36-1449. Notice and information to be provided to insured individuals.
§36-1450. Licensing procedure - Violations.
§36-1452. Annual report - Penalties for failure to file - Waiver.
§36-1473. Agent license - Bond - Errors and omissions policy.
§36-1474. Written contract with insurer required - Minimum provisions.
§36-1476. Acts of managing general agent - Imputation to insurer.
§36-1477. Violations - Penalties - Judicial review - Rights affected.
§36-1478. Rules and regulations.
§36-1502. Assets as deductions from liabilities.
§36-1503. Assets not allowed as deductions from liabilities.
§36-1504. Reporting assets not allowed.
§36-1505. Liabilities - Mandatory securities valuation reserves.
§36-1506. Unearned premium reserve.
§36-1507. Unearned premium reserve for marine insurance.
§36-1508. Reserves for accident and health insurance.
§36-1509.1. Confidentiality of information.
§36-1510. Definitions - Valuation law - Life - Exemption - Conflict.
§36-1512. Valuation of other securities.
§36-1513. Valuation of real property - Improvements.
§36-1514. Valuation of purchase money mortgages.
§36-1515. Information for valuation of securities.
§36-1523. Annual risk-based capital report - Factors - Adjustment of inaccurate reports.
§36-1524. Company Action Level Event.
§36-1525. Regulatory Action Level Event.
§36-1526. Authorized Control Level Event.
§36-1527. Mandatory Control Level Event.
§36-1528. Confidential departmental hearing.
§36-1529. Confidentiality of RBC Reports and Plans.
§36-1530. Provisions of act supplemental – Promulgation of rules - Exemptions from act.
§36-1532. Immunity for Commissioner and employees.
§36-1533. Notices to insurers - When effective.
§36-1536. Corporate Governance Annual Disclosure (CGAD).
§36-1537. Discretion of insurer or insurance group over responses.
§36-1538. Confidentiality and privilege.
§36-1539. Third-party consultants to assist the Commissioner in reviewing documents.
§36-1540. Failure to timely file.
§36-1541. Promulgation of rules.
§36-1602. Eligible investments.
§36-1603. Qualification of securities or property as eligible investments.
§36-1604. Approval of investment.
§36-1605. Investments in any one person.
§36-1606. Required capital investments.
§36-1607. United States government obligations.
§36-1608. State, district or Canadian obligations.
§36-1609. County, district, city, school district or Canadian obligations.
§36-1610. Public structure or improvement obligations.
§36-1611. Obligations payable from public utility revenues.
§36-1613. Acceptances and bill of exchange.
§36-1614. Corporate obligations.
§36-1615. Preferred or guaranteed stock.
§36-1616. Limitations on investments in corporate securities.
§36-1617. Equipment trust certificates.
§36-1618. Obligations of receivers or trustees; investments not otherwise authorized; limitations.
§36-1620. Investment or deposit of funds.
§36-1622. Mortgages on real estate.
§36-1623. Purchase money mortgages.
§36-1624. Acquiring or holding real property.
§36-1625. Time limits for disposal of other ineligible property and securities; penalty.
§36-1626. Investments of foreign, alien insurers.
§36-1627. Investments in loans secured by certain securities.
§36-1628. Definitions - Deposit of securities - Custodial responsibilities.
§36-1629. Guaranteed or reinsured student loans.
§36-1632. Subsidiaries of domestic insurers - Permissible investments.
§36-1633. Acquisition of control of or merger with domestic insurer.
§36-1635. Registration of insurers.
§36-1636. Transactions within an insurance holding company - Standards.
§36-1637. Examination of registered insurers.
§36-1638. Commissioner power to participate in supervisory colleges.
§36-1639. Group-wide supervisor for any internationally active insurance group.
§36-1640. Confidentiality of documents and other information.
§36-1641. Authority to issue rules, regulations and orders.
§36-1642. Injunctions - Voting of securities prohibited - Sequestration of voting securities.
§36-1644. Violations threatening insolvency - Possession taken by Commissioner.
§36-1645. Recovery of distributions by receiver - Liability.
§36-1646. Authority to suspend, revoke or refuse to renew license or authority to do business.
§36-1647. Appeal to district court by aggrieved persons.
§36-1648. Powers, remedies, procedures and penalties as additional.
§36-1673. Applicability of Act.
§36-1676. Powers of Commissioner or receiver - Civil actions.
§36-1681. Short title - Insurance Business Transfer Act.
§36-1684. Jurisdiction - Venue.
§36-1686. Application for Approval of Insurance Business Transfer Plan.
§36-1687. Consent to jurisdiction of Commissioner.
§36-1688. Fees – Reimbursement - Costs.
§36-1691. Short title - Protected Cell Companies Act.
§36-1694. Establishment of protected cells – Plan of operation.
§36-1696. Creditors of protected cells – Obligation of protected cell company.
§36-1697. Receivership – Amounts recoverable.
§36-1698. Insurance securitization – Not deemed an insurance or reinsurance contract.
§36-1699. Promulgation of rules.
§36-1701. Deposits of insurers.
§36-1702. Purpose of deposits.
§36-1703. Assets eligible for deposit.
§36-1704. Trust companies as depositaries.
§36-1705. Rights of insurer during solvency.
§36-1707. Release of deposits.
§36-1708. Release only on order.
§36-1709. Deposit not subject to levy.
§36-1801. Legislative findings and purposes.
§36-1803. Duties of Commissioner.
§36-1804. Appointment of supervisor - Acts prohibited - Additional requirements.
§36-1805. Appointment of conservator; duties.
§36-1806. Limitation on appointments.
§36-1807. Foreign or alien insurers.
§36-1902. Delinquency proceedings – Jurisdiction – Arbitration – Venue - Appeal.
§36-1903. Commencement of delinquency proceedings.
§36-1905. Grounds for rehabilitation of domestic insurers.
§36-1906. Grounds for liquidation.
§36-1907. Grounds for conservation of foreign insurers.
§36-1908. Grounds for conservation of alien insurers.
§36-1909. Grounds for ancillary liquidation of foreign insurers.
§36-1910. Order of rehabilitation; termination.
§36-1911. Order of liquidation of domestic insurers.
§36-1912. Order of liquidation of alien insurers.
§36-1913. Order of conservation or ancillary liquidation of foreign or alien insurers.
§36-1915. Conduct of delinquency proceedings against foreign insurers.
§36-1916. Claims of nonresidents against domestic insurers.
§36-1917. Claims against foreign insurers.
§36-1918. Proof of claims; notice; hearing.
§36-1919. Priority of certain claims.
§36-1920. Attachment and garnishment of assets.
§36-1921. Uniform insurers liquidation act.
§36-1922. Power and authority of the receiver.
§36-1923. Exemption of Commissioner from fees.
§36-1924.1. Limitation on actions.
§36-1925. Rights and liabilities fixed as of date liquidation order filed.
§36-1926. Fraudulent transfers or transactions - Avoidance.
§36-1927.1. Priority of distribution of claims from insurer's estate.
§36-1929. Allowance of certain claims.
§36-1930. Time to file claims.
§36-1931. Report for assessment.
§36-1933. Order to pay assessment.
§36-1934. Publication and service of assessment order.
§36-1935. Judgment upon the assessment.
§36-1936. Restrictions on insurers subject to delinquency proceedings.
§36-1937. Immunity or indemnity of receivers and employees.
§36-1938. Delinquency proceedings – Procedures - Compensation of personnel.
§36-2005. Creation - Administration - Accounts - Membership - Plan of operation.
§36-2006. Board of directors – Membership – Term – Approval – Vacancies – Compensation.
§36-2007. Powers and duties of Association.
§36-2008. Plan of operation and amendments.
§36-2009. Powers and duties of Commissioner.
§36-2010. Payment of covered claims - Recovery from certain persons - Priority of claims.
§36-2011. Proposal to distribute assets of insolvent company - Notice.
§36-2012. Exhaustion of rights under other policies, governmental program or associations.