reglab/housing_qa huggingface dataset:
36 OK Stat § 36-363 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-363. Notification of suspected fraud - Immunity.

|A. Any insurer, employee or agent of any insurer who has reason to believe that a person or entity has engaged in or is engaging in an act or practice that violates any statute or administrative rule of this state related to insurance fraud shall immediately notify the Anti-Fraud Unit of the Insurance Department and, in the case of an allegation of claimant fraud, the Workers' Compensation and Insurance Fraud Unit of the Office of the Attorney General. |B. No insurer, employee or agent of an insurer, or any other person acting in the absence of fraud, bad faith, reckless disregard for the truth, or actual malice shall be subject to civil liability for libel, slander or any other relevant tort or subject to criminal prosecution by virtue of filing of reports or furnishing other information either orally or in writing, concerning suspected, anticipated or completed fraudulent insurance acts to the Anti-Fraud Division of the Insurance Department or the Workers' Compensation and Insurance Fraud Unit of the Office of the Attorney General pursuant to subsection A of this section or to any other agency involved in the investigation or prosecution of suspected insurance fraud.C. No civil or criminal cause of action of any nature shall exist against the person or entity by virtue of filing of reports or furnishing other information, either orally or in writing, concerning suspected, anticipated or completed fraudulent insurance acts to the Anti-Fraud Division of the Insurance Department pursuant to subsection A of this section or to any other agency involved in the investigation or prosecution of suspected insurance fraud. The immunity provided in this subsection shall extend to the act of providing or receiving information or reports to or from:1. Law enforcement officials, their agents and employees;2. The National Association of Insurance Commissioners, any state department of insurance, any federal or state agency or bureau established to detect and prevent fraudulent insurance activities, as well as any other organization established for the same purpose, their agents, employees or designees; and3. Any organization or person involved in the prevention and detection of fraudulent insurance activities or that organization or person's employees, agents, or representatives.The immunity provided in this subsection shall not extend to any person, insurer, or agent of an insurer for communications or publications about suspected insurance fraud to any other person or entity.Added by Laws 1999, c. 344, § 3, emerg. eff. June 8, 1999. Amended by Laws 2012, c. 175, § 1, emerg. eff. May 1, 2012; Laws 2012, c. 235, § 5, eff. July 1, 2012.
36 OK Stat § 36-364 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-364. Seizure of property used in insurance-related crimes.

|A. Any tool, implement or instrumentality used or possessed in connection with any violation of an insurance-related crime or that is the fruit of an insurance-related crime, may be seized by a member of a state or local law enforcement agency upon process issued by any court of competent jurisdiction. |B. Seizure of property described in subsection A of this section may be made by a member of a state or local law enforcement agency without process if:1. The seizure occurs in accordance with any applicable law or rule;2. The seizure is incident to inspection under an administrative inspection warrant;3. The seizure is incident to search made under a search warrant;4. The seizure is incident to a lawful arrest;5. The seizure is made pursuant to a valid consent to search;6. The property seized has been the subject of a prior judgment in favor of the state in a criminal proceeding, or in an injunction or forfeiture proceeding under this act; or7. There are reasonable grounds to believe that the property is directly or indirectly dangerous to health or safety.C. When property is seized under this section, the seizing agency may:1. Place the property under seal; or2. Remove the property to a place selected and designated by the seizing agency.Added by Laws 2012, c. 235, § 6, eff. July 1, 2012.
36 OK Stat § 36-401 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-401. Short title.

|Sections 1 through 6 of this act shall be known and may be cited as the “Crimes By or Affecting Persons Engaged in the Business of Insurance Act”. |Added by Laws 2008, c. 184, § 1, eff. July 1, 2008.
36 OK Stat § 36-402 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-402. Persons prohibited from engaging in business of insurance - Exception - Penalty.

|A. No person who has been convicted of any criminal felony involving dishonesty or a breach of trust, or who has been convicted of an offense under Section 1033 of Title 18 of the United States Code, shall engage or participate in the business of insurance in this state or do any of the acts of an insurance business as set forth in Section 4 of this act. |B. A person described in subsection A of this section may engage in the business of insurance or participate in such business if such person has the written consent of the Insurance Commissioner.C. A person who violates subsection A of this section or any rule promulgated pursuant thereto is subject to a civil penalty of not more than Ten Thousand Dollars ($10,000.00) for each act of violation and for each day of violation.D. The business of insurance includes title insurers for purposes of the Crimes by or Affecting Persons Engaged in the Business of Insurance Act.Added by Laws 2008, c. 184, § 2, eff. July 1, 2008.
36 OK Stat § 36-403 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-403. Powers of Insurance Commissioner - Injunctive relief.

|A. Whenever the Insurance Commissioner has reason to believe or it appears that any person has violated subsection A of Section 2 of this act, the Insurance Commissioner may: |1. Revoke any license or registration issued or approved by the Insurance Commissioner;2. Issue an ex parte cease and desist order under the procedures provided by Section 5 of this act;3. Institute in the district court of Oklahoma County a civil suit for injunctive relief to restrain the person from continuing the violation;4. Institute in the district court of Oklahoma County a civil suit to recover a civil penalty as provided for in Section 2 of this act; or5. Exercise any combination of the acts provided for in this subsection.B. On application for injunctive relief and a finding that a person is violating or threatening to violate any provision of the Crimes By or Affecting Persons Engaged in the Business of Insurance Act or order of the Insurance Commissioner issued pursuant to the Crimes By or Affecting Persons Engaged in the Business of Insurance Act, the district court shall grant the injunctive relief and the injunction shall be issued without bond.Added by Laws 2008, c. 184, § 3, eff. July 1, 2008.
36 OK Stat § 36-405 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-405. Emergency cease and desist order - Hearing - Judicial review - Attorneys fees.

|A. On issuance of an emergency cease and desist order under Section 3 of this act, the Insurance Commissioner shall serve on the person affected by the order, by registered or certified mail, return receipt requested, to the person's last-known address, or by other lawful means, an order that contains a statement of the charges and requires the person immediately to cease and desist from the violation of subsection A of Section 2 of this act. |B. 1. If a person affected by an emergency cease and desist order seeks to contest that order, the person may request a hearing before the Insurance Commissioner. The person affected must request the hearing not later than the thirtieth day after the date on which the person receives the order. A request to contest an order must be in writing and directed to the Insurance Commissioner and must state the grounds for the request to set aside or modify the order.2. On receiving the request for a hearing, the Insurance Commissioner shall serve notice of the time and place of the hearing at which the person requesting the hearing shall have the opportunity to show cause why the order should not be affirmed. The hearing is to be held not later than the tenth day after the date the Insurance Commissioner receives the request for a hearing unless the parties mutually agree to a later hearing date.3. Pending the hearing, an emergency cease and desist order continues in full force and effect unless the order is stayed by the Insurance Commissioner.4. The hearing on the order shall be conducted according to the procedures for contested cases under the Administrative Procedures Act.5. At the hearing, the Insurance Commissioner shall affirm, modify or set aside in whole or in part the emergency cease and desist order.C. A person aggrieved by a final order of the Insurance Commissioner pursuant to the Crimes By or Affecting Persons Engaged in the Business of Insurance Act may seek judicial review pursuant to Section 318 of Title 75 of the Oklahoma Statutes.D. The Insurance Commissioner may recover reasonable attorney fees if judicial action is necessary for enforcement of the order.E. A cease and desist order is final thirty-one (31) days after the date it is received if the person affected by the order does not request a hearing as provided by subsection B of this section.Added by Laws 2008, c. 184, § 5, eff. July 1, 2008.
36 OK Stat § 36-406 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-406. Rules.

|The Insurance Commissioner may promulgate rules necessary to carry out the provisions of the Crimes By or Affecting Persons Engaged in the Business of Insurance Act. |Added by Laws 2008, c. 184, § 6, eff. July 1, 2008.
36 OK Stat § 36-601 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-601. "Domestic" insurer defined.

|A "domestic" insurer is one formed under the laws of Oklahoma. |Laws 1957, p. 230, § 601.
36 OK Stat § 36-602 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-602. "Foreign" insurer defined.

|A "foreign" insurer is one formed under the laws of another state or government of the United States. |Laws 1957, p. 230, § 602.
36 OK Stat § 36-603 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-603. "Alien" insurer defined.

|An "alien" insurer is one formed under the laws of a country other than the United States. |Laws 1957, p. 230, § 603.
36 OK Stat § 36-604 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-604. "State," "United States" defined.

|A. "State" means any state, commonwealth, territory, or district of the United States. |B. "United States" includes the states, territories, districts, and commonwealths thereof.Laws 1957, p. 230, § 604.
36 OK Stat § 36-605 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-605. "Charter" defined.

|"Charter" means articles of incorporation, of agreement, of association, or other basic constituent document of a corporation, subscribers' agreement and power of attorney of a reciprocal insurer, or underwriters' agreement and power of attorney of a Lloyd's insurer. |Laws 1957, p. 231, § 605.
36 OK Stat § 36-606 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-606. Authority to transact insurance required.

|A. No person shall act as an insurer and no insurer shall transact insurance in Oklahoma except as authorized by a subsisting authority granted to it by the Insurance Commissioner, except as to such transactions as are expressly otherwise provided for in this Code. |B. No such authority shall be required for an insurer, formerly so licensed in Oklahoma and now licensed in another state as a resident insurer or who has merged with an insurer in another state, to enable it to investigate and settle losses under its policies lawfully written in Oklahoma, or to liquidate such assets and liabilities of the insurer (other than collection of new premiums) as may have resulted from its former authorized operations in Oklahoma.C. An insurer, who has relocated in another state or has merged with an insurer in another state and is not transacting new insurance business in Oklahoma but continuing collection of premiums on and servicing of policies remaining in force as to residents of or risks located in Oklahoma, is transacting insurance in Oklahoma for the purpose of premium tax requirements only and is not required to have a certificate of authority therefor. This subsection shall not apply to insurers which have withdrawn from Oklahoma prior to the effective date of this Code.D. As to an insurance coverage on a subject of insurance not resident, located, or expressly to be performed in Oklahoma at time of issuance, and solicited, written, and delivered outside Oklahoma at the time of issuance, no such authority shall be required of an insurer as to subsequent transactions in Oklahoma on account thereof, and the provisions of this Code shall not apply to such insurance or insurance coverage, except for the purpose of premium tax requirements.Amended by Laws 1985, c. 328, § 5, emerg. eff. July 29, 1985.
36 OK Stat § 36-607 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-607. General qualifications to transact insurance.

|A. To qualify for and hold authority to transact insurance in Oklahoma an insurer must be otherwise in compliance with the provisions of this Code and with its charter powers, and must be an incorporated stock insurer, an incorporated mutual insurer, a mutual benefit association, a nonprofit hospital service and medical indemnity corporation, a farmers mutual fire insurance association, a Lloyd’s association or a reciprocal insurer, of the same general type as may be formed as a domestic insurer under this Code; except, that no foreign or alien insurer shall be authorized to transact insurance in Oklahoma which does not maintain reserves as required by Article 15 of this Code applicable to the kind or kinds of insurance transacted by such insurer. |B. No certificate of authority or license to transact any kind of insurance business in this state shall be issued, renewed or continued in effect, to any domestic, foreign or alien insurance company or other insurance entity which is owned or financially controlled in whole or in part by another state of the United States, or by a foreign government, or by any political subdivision of either, or which is an agency of any such state, government or subdivision.C. Any insurance company or other insurance entity which is owned or financially controlled in whole or in part by any federally recognized American Indian tribe or nation may apply for a certificate of authority or license to transact insurance business in this state and will not be subject to subsection B of this section.Added by Laws 1957, p. 231, § 607, operative July 1, 1957. Amended by Laws 2013, c. 82, § 1, eff. Nov. 1, 2013.
36 OK Stat § 36-608 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-608. Workers' compensation insurance.

|A. A casualty insurer shall not be authorized to transact workers' compensation insurance in this state without first complying with the applicable provisions of Title 85A of the Oklahoma Statutes. |B. A claims adjuster for any insurer duly authorized to transact workers' compensation insurance in Oklahoma shall be licensed pursuant to the Insurance Adjusters Licensing Act.Added by Laws 1957, p. 231, § 608, operative July 1, 1957. Amended by Laws 2010, c. 355, § 1, eff. Nov. 1, 2010; Laws 2015, c. 298, § 4, eff. Nov. 1, 2015.
36 OK Stat § 36-609 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-609. Kinds of insurance an insurer may transact.

|An insurer which otherwise qualifies therefor may be authorized to transact any one kind or combination of kinds of insurance as defined in Section 701 et seq. of this title, except: |1. A life insurer shall not be authorized to transact any other kind of insurance except accident and health and workers' compensation and employer liability equivalent insurance if otherwise qualified to do so on or after September 1, 1994, or if immediately prior to the effective date of this Code any life insurer lawfully held a subsisting certificate of authority granting it the right to transact in Oklahoma additional kinds of insurance other than accident and health, so long as the insurer is otherwise in compliance with this Code the Insurance Commissioner shall continue to authorize such insurer to transact the same kinds of insurance as those specified in such prior certificate of authority;2. A reciprocal insurer shall not transact life insurance;3. A Lloyd's insurer shall not transact life insurance;4. A title insurer shall be a stock insurer and shall not transact any other kind of insurance; and5. No insurer shall issue for delivery or deliver in this state any contract of insurance which imposes contingent or assessment liability upon a resident of this state.Added by Laws 1957, p. 231, § 609. Amended by Laws 1981, c. 112, § 1; Laws 1986, c. 251, § 4, eff. Nov. 1, 1986; Laws 1995, c. 355, § 1, eff. July 1, 1995; Laws 2015, c. 298, § 5, eff. Nov. 1, 2015.
36 OK Stat § 36-610 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-610. Capital funds or minimum surplus required.

|A. To qualify for authority to incorporate an insurance company or to transact any one or more kinds of insurance an insurer shall possess and maintain, after the effective date of this act, surplus in regard to policyholders, which is defined as the aggregate of the capital and surplus, in an amount not less than One Million Five Hundred Thousand Dollars ($1,500,000.00). |B. Any domestic insurer lawfully authorized to transact the business of insurance in Oklahoma immediately prior to the effective date of this act shall not be required to increase its capital or surplus to meet increased requirements of this act, provided, however, that in no event shall such insurer reduce its capital or surplus below the figure required of such insurer on October 31, 2002.C. Wherever the language paid-in capital, capital, capital stock or a similar term (if a stock company) or surplus, expendable surplus or a similar term (if a mutual or reciprocal insurer) is used elsewhere in this code, the term surplus in regard to policyholders may be used interchangeably when applicable.Added by Laws 1957, p. 232, § 610, operative July 1, 1957. Amended by Laws 1961, p. 266, § 1, emerg. eff. March 29, 1961; Laws 1967, c. 231, § 1, emerg. eff. May 4, 1967; Laws 1980, c. 185, § 1, eff. Oct. 1, 1980; Laws 2002, c. 307, § 7, eff. Nov. 1, 2002.
36 OK Stat § 36-612 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-612. Additional kinds of insurance - Requirments.

|A. An insurance company which incorporates or is authorized initially to transact the business of insurance in Oklahoma after the effective date of this act may transact all kinds of insurance with no additional capital or surplus requirements. |B. An insurance company which incorporated or was initially authorized to transact the business of insurance in Oklahoma prior to the effective date of this act and which is otherwise qualified therefor may be authorized to transact combinations of kinds of insurance (other than the life and accident and health combination shown in Section 610 of this article) while possessing and maintaining thereafter additional surplus in regard to policyholders not less in amount than that determined in subsection C of this section.C. For any lawful combination add One Hundred Thousand Dollars ($100,000.00) for each additional kind of insurance included in the combination, to the amount required under Section 610 of this article for that one kind of insurance in the combination for which the largest amount is required under said Section 610, except:1. Vehicle and accident and health insurance may be combined with casualty, and in any combination including casualty, without funds in addition to those required because of casualty.2. An insurer, if otherwise qualified therefor, may be authorized to transact all kinds of insurance except life and title insurance.3. The amount of such surplus in regard to policyholders shall not in any event be less than would be required if the insurer proposed to transact in Oklahoma all those kinds of insurance which it is transacting elsewhere.Laws 1957, p. 233, § 612; Laws 1967, c. 231, § 2, emerg. eff. May 4, 1967; Laws 1980, c. 185, § 3, eff. Oct. 1, 1980.
36 OK Stat § 36-612.1 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-612.1. Kinds of insurance; requirements.

|No insurer organized or authorized to write or issue noncancelable or guaranteed renewable accident and health policies in any state shall be, or continue to be, licensed to do business in this state unless the insurer possesses and maintains a surplus as regards policyholders in excess of Two Million Dollars ($2,000,000.00). Insurers licensed in this state on or before November 1, 1984, may maintain no less than One Million Dollars ($1,000,000.00) surplus as regards policyholders. |Amended by Laws 1984, c. 149, § 3, eff. Nov. 1, 1984.
36 OK Stat § 36-612.2 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-612.2. Workers' compensation insurance - Required capital and surplus.

|After November 1, 1987, no insurer who requests to write workers' compensation insurance in this state shall be permitted to transact the business of workers' compensation insurance in this state unless the insurer possesses and maintains a surplus as regards policyholders, as defined in Section 610 of Title 36 of the Oklahoma Statutes, in excess of Five Million Dollars ($5,000,000.00). Should the surplus as regards policyholders fall below Five Million Dollars ($5,000,000.00), the insurer shall not be permitted to write any additional workers' compensation insurance until the surplus meets the statutory requirements as established in this section. |Added by Laws 1987, c. 175, § 4, eff. Nov. 1, 1987.
36 OK Stat § 36-613.1 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-613.1. Surety bond or other security arrangement required.

|Any insurance company transacting the business of property and casualty insurance in this state shall not be issued a new or renewal certificate of approval unless the company has provided a corporate surety bond or approved alternative security arrangement in an amount determined by the State Insurance Commissioner to be sufficient to provide for the return of unearned premiums if a policy is canceled during the term thereof by an insurance company. The State Insurance Commissioner shall promulgate rules and regulations to implement and carry out the provisions of this section. |Added by Laws 1986, c. 134, § 1, emerg. eff. April 17, 1986.
36 OK Stat § 36-615.1 (2021)
2021 Oklahoma Statutes|Title 36. Insurance|§36-615.1. Application to transact insurance - Application review.

|A. Unless otherwise instructed by the Insurance Commissioner, an applicant requesting to be admitted to transact insurance in this state shall follow the instructions outlined in the National Association of Insurance Commissioners (NAIC) Uniform Certificate of Authority Application (UCAA) instructions. |B. The Commissioner shall review and analyze each application with focus on the following:1. Identification and evaluation of the business and strategic plans of the applicant, including but not limited to pro forma financial projections;2. Assessment of the quality and expertise of the ultimate controlling person, proposed officers and directors, appointed actuary and appointed accountant, including the use of the NAIC Form A and SAD databases;3. Adequacy of any proposed reinsurance program;4. Adequacy of investment policy;5. Adequacy of short-term and long-term financing arrangements, including, but not limited to:a.initial financing of proposed operations or transaction, andb.maintenance of adequate capital and surplus levels;6. Biographical affidavits;7. Related party agreements’ compliance with SSAP No. 25; and8. Any other information the Commissioner deems necessary to review.Added by Laws 2002, c. 307, § 8, eff. Nov. 1, 2002. Amended by Laws 2011, c. 278, § 2, eff. Nov. 1, 2011.