Oklahoma Insurance Commissioner

The Oklahoma Insurance Commissioner is a state-level position responsible for regulating and overseeing the insurance industry in Oklahoma. The Commissioner’s office is tasked with protecting consumers, promoting competition, and ensuring that insurance companies operate in a fair and transparent manner. This article will provide an overview of the Oklahoma Insurance Commissioner’s office, including its history, duties, and how to file a complaint.

History of the Oklahoma Insurance Commissioner

The office of the Oklahoma Insurance Commissioner was created in 1907, when Oklahoma became a state. The Commissioner was appointed by the Governor until 1965, when the position became an elected office. Since then, the Oklahoma Insurance Commissioner has been elected every four years with no term limits.

Currently, the Oklahoma Insurance Commissioner is Glen Mulready. He was elected in 2018 and took office in January 2019, succeeding John Doak.

The Role of the Oklahoma Insurance Commissioner

The Oklahoma Insurance Commissioner is responsible for regulating the insurance industry in Oklahoma. The Commissioner’s office oversees insurance companies, agents, and brokers to ensure that they comply with state laws and regulations.

The Commissioner’s office is also responsible for protecting consumers by ensuring that insurance companies operate in a fair and transparent manner. This includes reviewing insurance policies and rates to ensure that they are fair and reasonable, investigating complaints from consumers, and educating the public about insurance issues.

The Oklahoma Insurance Commissioner also serves as a member of the National Association of Insurance Commissioners (NAIC), which is a national organization of state insurance regulators. The NAIC works to coordinate insurance regulation across the country, and the Oklahoma Insurance Commissioner’s office plays an important role in this effort.

How to File a Complaint with the Oklahoma Insurance Commissioner

If you have a complaint about an insurance company, agent, or broker in Oklahoma, you can file a complaint with the Oklahoma Insurance Commissioner’s office. The Commissioner’s office investigates complaints and takes action when appropriate to protect consumers.

You can file a complaint online through the Commissioner’s website, or you can download a complaint form and mail it in. You will need to provide information about the insurance company, agent, or broker involved, as well as the details of your complaint.

The Commissioner’s office will investigate your complaint and may contact you for additional information. If the Commissioner’s office determines that the insurance company, agent, or broker has violated state laws or regulations, they may take enforcement action to protect consumers.

FAQs about the Oklahoma Insurance Commissioner

Question
Answer
Who is the current Oklahoma Insurance Commissioner?
The current Oklahoma Insurance Commissioner is Glen Mulready.
What is the role of the Oklahoma Insurance Commissioner?
The Oklahoma Insurance Commissioner is responsible for regulating the insurance industry in Oklahoma and protecting consumers by ensuring that insurance companies operate in a fair and transparent manner.
How can I file a complaint with the Oklahoma Insurance Commissioner?
You can file a complaint online through the Commissioner’s website, or you can download a complaint form and mail it in.
What happens if the Oklahoma Insurance Commissioner determines that an insurance company has violated state laws or regulations?
The Commissioner’s office may take enforcement action to protect consumers.

Conclusion

The Oklahoma Insurance Commissioner is an important state-level position responsible for regulating the insurance industry and protecting consumers in Oklahoma. The Commissioner’s office investigates complaints from consumers and takes enforcement action when necessary to ensure that insurance companies operate in a fair and transparent manner. If you have a complaint about an insurance company, agent, or broker in Oklahoma, you can file a complaint with the Oklahoma Insurance Commissioner’s office.