Insurance; auto insurance; accident investigation process; Oklahoma Insurance Department; penalties; police reports; arbitration; effective date.

Summary

The bill mandates that any auto insurer in Oklahoma submit its accident investigation process to the state insurance department by July 1 2027, or when first applying for a license. It also forces insurers to honor claims based on police reports, with arbitration as a remedy, and sets escalating penalties for violations. The goal is to standardize investigations, protect claimants, and enforce accountability.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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