Oklahoma HB1497 amends insurance regulations to require registration of insurers, annual enterprise risk reports, and Liquidity Stress Test results.
Oklahoma HB1497 revises insurance regulations to mandate that insurers subject to registration must file annual enterprise risk reports and Liquidity Stress Test results with the Insurance Commissioner. The bill also requires insurers to keep their registration information current and to report any material changes within 15 days. Insurers must also file a disclaimer of affiliation if applicable.
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