Okla. Stat. tit. 36, § 309.2. Nature and frequency of examinations–Reports in lieu of examinations: Insurance Department; Insurance Commissioner; State Board for Property and Casualty Rates – Oklahoma

Status: Enacted
Year Enacted: 1991
Year Amended: 2012
File: Download

Permits the Insurance Commissioner to conduct financial and market conduct examinations of insurance companies. Insurers must annually file a market conduct annual statement. The Insurance Commissioner or an examiner may conduct an examination, including a financial and market conduct examination, under Sections 309.1 through 309.7 of this title of any company as often as the Commissioner deems appropriate but shall at a minimum, conduct a financial examination of every domestic insurer licensed in this state not less frequently than once every five (5) years.


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