OK SB1435

Prohibits insurers authorized in Oklahoma from using credit information to underwrite or rate personal insurance policies, effective November 1, 2026

Repeals existing provisions (Sections 953.1, 954, 955, 956, 957, and 958) that previously regulated how insurers could use credit information, including requirements for consumer notifications and dispute processes

Bars consumer reporting agencies from providing or selling data submitted in conjunction with insurance inquiries about a consumer's credit information

Preserves insurers' ability to obtain claims history reports and motor vehicle reports for underwriting purposes