Okla. Stat. tit. 36 § 1250.11

Current through Laws 2024, c. 453.

Section 1250.11 - Statement of charges - Notice of hearing

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.

Okla. Stat. tit. 36, § 1250.11

Amended by Laws 2013 , c. 254, s. 23, eff. 1/1/2015.

Added by Laws 1986, SB 488, c. 315, § 9, emerg. eff. 6/24/1986; Amended by Laws 1994, SB 1033, c. 342, § 11, eff. 9/1/1994; Renumbered from 36 O.S. § 1225 by Laws 1994, SB 1033, c. 342, § 20, eff. 9/1/1994. Amended by Laws 1994, 2nd Extr. Sess., HB 1002, c. 1, § 8, emerg. eff. 11/4/1994; Amended by Laws 1997, SB 327, c. 418, § 55, eff. 11/1/1997.