eLaws | eCases | Oklahoma Administrative Code | Oklahoma Courts | Counties & Cities of Oklahoma | United States Code |
 Oklahoma Statutes (Last Updated: September 18, 2014)
 Title 36. INSURANCE

  § 36-1250.11. Statement of charges - Notice of hearing – State Insurance Fund exempted.  

Latest version.

  • Text effective until January 1, 2015

    (for text effective beginning January 1, 2015, see below)

    A.  Upon the receipt of the results of an investigation instituted pursuant to the provisions of Section 1250.10 of this title, the Insurance Commissioner shall review the results and shall determine whether, by the standards set out in Sections 1250.3 and 1250.5 of this title, further action is required.  If the Insurance Commissioner deems further action necessary, the Commissioner shall issue and serve upon the insurer a statement of the charges and a notice in accordance with the Administrative Procedures Act.  No insurer shall be deemed in violation of the Unfair Claims Settlement Practices Act solely by reason of the numbers and types of such complaints or claims.

    B.  The Insurance Commissioner shall not assert enforcement jurisdiction pursuant to this section over the State Insurance Fund.

Added by Laws 1986, c. 315, § 9, emerg. eff. June 24, 1986.  Amended by Laws 1994, c. 342, § 11, eff. Sept. 1, 1994.  Renumbered from § 1225 of this title by Laws 1994, c. 342, § 20, eff. Sept. 1, 1994.  Amended by Laws 1994, 2nd Ex. Sess., c. 1, § 8, emerg. eff. Nov. 4, 1994; Laws 1997, c. 418, § 55, eff. Nov. 1, 1997.