OK HB2761

Examination reports shared with the Insurance Commissioner maintain confidentiality protections and do not waive applicable privileges when disclosed to regulators or shared with other state insurance departments

Third-party administrators with accumulated premiums or claims of $50,000 or more must have annual reports reviewed by a certified public accountant; waiver applications for inactive administrators must be submitted by April 1

Dependent coverage under group life insurance policies is extended from age 21 to age 26, with students age 26 or older who rely on the insured for financial support also eligible

Insurance holding company system members must file annual registration statements by May 1, and ultimate controlling persons must file annual enterprise risk reports by May 1

Insurance Commissioner gains authority to deny prepaid funeral service permits if officers, owners, partners, or directors are determined to lack competence, trustworthiness, financial responsibility, or good character