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OK HB1996

Bill

Status

Failed

4/7/2011

Primary Sponsor

Mike Brown

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Adds definition of "automated claims adjudication system" that must be utilized by licensed adjusters, comply with Oklahoma Insurance Code, and be certified as compliant by a licensed independent adjuster.

  • Modifies exceptions to insurance adjuster licensing requirements to include individuals who collect and enter claim information into automated systems if employed by a licensed independent adjuster or affiliate with no more than 25 persons under one adjuster's supervision.

  • Prohibits residents of Canada from being licensed as insurance adjusters unless they pass the adjuster examination and comply with all applicable requirements of the Insurance Adjusters Licensing Act.

  • Amends definitions section of the Insurance Adjusters Licensing Act to add "home state" definition and clarify terms related to insurance adjusters and public adjusters.

  • Effective date: November 1, 2011.

Legislative Description

Insurance; modifying Insurance Adjusters Licensing Act; effective date.

Insurance

Last Action

Failed in Committee - Retirement and Insurance

4/7/2011

Committee Referrals

Business and Commerce3/23/2011
Insurance2/8/2011

Full Bill Text

No bill text available