ENR. S. C. R. NO. 26 - Oklahoma Insurance Consumer Bill of Rights

• Designates specific consumer protections established in Oklahoma Statutes and Administrative Code as the "Oklahoma Insurance Consumer Bill of Rights."

• Establishes consumer protections for property and casualty insurance including: protections against penalties based on credit information, written notice of application decisions within 45 business days, premium refunds upon early cancellation, and the right to inquire about claims without penalty.

• Requires insurers to acknowledge claim receipt within 30 days and notify consumers of claim acceptance or denial within 45 days after proof of loss is filed.

• Provides homeowners' insurance protections including: the right to file a first claim without penalty if coverage has been in effect more than 45 days, protection against weather-related claim surcharges, and access to Market Assistance Association services.

• Grants automobile and motorcycle insurance consumers protections including: eligibility for accident prevention course discounts, protection from penalties for at-fault collision claims, protection against consideration of traffic records over 3 years old, and protection against penalties based on dismissed or acquitted traffic charges.

• Directs the Insurance Commissioner to distribute this resolution to insurance professionals throughout the state.