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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 Department is charged with executing all laws relating to insurance and insurance companies doing business in the State. Oklahoma Insurance Commissioner Glen Mulready The current Insurance Commissioner is Glen Mulready who was elected in November 2018 and took the oath of office on January 14, 2019.
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Other options include a $75,000 deposit to the Oklahoma Department of Public Safety or a certificate of self-insurance (if you own 25 or more vehicles). ... an online insurance verification ...
The Oklahoma Insurance Department has ordered an out-of-state company to stop selling and advertising home warranty contracts in the state because it doesn't have a license to do so, and because ...
If you need help with your claim, contact the Insurance Department at 800-522-0071. Is my home covered for wind and hail damage? Typically, hail and wind damage is covered by a standard homeowners ...
Oklahoma State Banking Department. Oklahoma State Banking Board (governing body of Department) Oklahoma State Board of Equalization; Oklahoma State Bond Advisor. Council of Bond Oversight; Long-Range Capital Planning Commission; Oklahoma Teachers’ Retirement System. Teachers' Retirement Board; Tobacco Settlement Endowment Trust
The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...