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OK HB3796
Bill
Status
2/2/2026
Primary Sponsor
Chris Sneed
Click for details
AI Summary
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Bulletins published by previous Insurance Commissioners automatically expire 90 calendar days after inauguration of a new Insurance Commissioner unless the new Commissioner issues an order to continue them
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Strengthen Oklahoma Homes (SOH) Program, which provides grants to retrofit residential properties against tornado, windstorm, and hail damage, is extended indefinitely by removing the November 1, 2027 sunset date
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Individuals seeking to acquire control of or merge with a domestic insurer must now include personal financial statements reviewed by an independent public accountant when filing required statements with the Insurance Commissioner
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Selling, soliciting, or negotiating long-term care insurance without a proper license as an insurance producer for accident and health, sickness, or life is prohibited
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Repeals 36 O.S. 2021, Section 1416, relating to the state innovation waiver, with all provisions effective November 1, 2026
Legislative Description
Insurance; enforcement and power of the Insurance Commissioner; bulletins; Strengthen Oklahoma Homes Program; expanding length of program; acquisitions; Long-Term Care Insurance Act; prohibiting persons from selling without proper license; effective date.
Last Action
Authored by Senator Coleman (principal Senate author)
2/26/2026