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The revenue for Oklahoma Insurance Department's budget is generated from the fees associated with the licenses. Since 2016, the OID has been non appropriated.According to the OID's 2018 Annual Report, the department's operations have produced $46.5 million to be given back to the State of Oklahoma budget for use by other state agencies.
The Oklahoma Insurance Commissioner is an elected executive officer of the state of Oklahoma. The Insurance Commissioner serves as the head of the Oklahoma Insurance Department. The Oklahoma Insurance Department is charged with executing all laws relating to insurance and insurance companies doing business in the State. The current Insurance ...
If you are caught driving without insurance in Oklahoma, either as a result of an accident or an unrelated traffic infraction, you may face fines or other penalties including a suspended license.
Republican. Education. Bridgewater State University. Glen Mulready (born November 21, 1960) is an American politician who has served as the Oklahoma Insurance Commissioner since 2019. He was first elected in 2018. He previously served in the Oklahoma House of Representatives from the 68th district from 2010 to 2018.
Oklahoma auto insurance laws dictate that drivers must carry liability coverage that meets or exceeds 25/50/25 policy limits, meaning: $25,000 of bodily injury liability per person. $50,000 of ...
Oklahoma has enacted a number of taxes on alcoholic beverages. The alcoholic beverage tax on liquor is an excise tax varying in amount depending on the alcohol by volume of the drink and an excise tax of $11.25 on each barrel of low-alcohol beer sold. A special sales tax of 13.5% is levied on the sale of all mixed drinks.
Oklahoma has passed a law to lower drug costs. But a federal law from 1974 is standing in the way. But if the high court declines to hear the case or rules against Oklahoma, states will continue ...
Tulsa, Oklahoma. Kim Holland (born August 6, 1955) is an American politician and insurance professional from the U.S. state of Oklahoma. Holland served as the Oklahoma Insurance Commissioner until January 2011. She was appointed to that position by Governor Brad Henry in 2005, following the indictment and resignation of her predecessor, Carroll ...
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