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OK HB1996

Bill

Status

Failed

4/7/2011

Primary Sponsor

Mike Brown

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Adds definition of "automated claims adjudication system" to the Insurance Adjusters Licensing Act, requiring it to be used only by licensed adjusters or agents and comply with Oklahoma Insurance Code claims payment requirements.

  • Exempts data entry employees of licensed independent adjusters from licensure requirements if no more than 25 persons are supervised by one licensed adjuster or agent.

  • Prohibits Canadian residents from obtaining an insurance adjuster license unless they pass the state adjuster examination and meet all requirements of the Insurance Adjusters Licensing Act.

  • Modifies nonresident adjuster licensing requirements to allow applicants whose home states lack licensing requirements to declare another state with examination requirements as their home state.

  • 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