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-? OKLAHOMA GENERAL LAWS
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-?COMMISSIONER OF INSURANCE
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-The Insurance Commissioner enforces the insurance laws of Oklahoma.
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-The Commissioner may:
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-� Examine any insurance company operating in the State
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-� Conduct investigations and hold hearings whenever there is cause to believe of violation of insurance laws
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-� Issue subpoenas and administer oaths
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-� Make annual reports to the Governor of Oklahoma on the activities of the Insurance Department
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-� Educate consumers and make recommendations regarding the subject of insurance in this State
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- Examination of Records
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-The Insurance Commissioner can conduct a financial examination of any insurance company as often as deemed appropriate. At the very least, admitted insurers shall be examined once every5 years.
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-Notice and Hearing
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-The Commissioner may call and hold hearings for any purpose deemed necessary. The hearing will be
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-held within 45 days and at least 15 days notice will be given to all persons affected by the hearing.
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-Penalties
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-� After the hearing, if the Commissioner determines that those involved are responsible for
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-violating an insurance statute, a fine can be given up to $1,000 for each violation, not to exceed
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