Insurance; property and casualty; rates; filing; Insurance Commissioner; repealer; effective date.

Summary

The bill expands Oklahoma’s Unfair Claims Settlement Practices Act to all insurance claims and makes it illegal for any insurer to use artificial intelligence when denying a claim. It also redefines the relationship of insurance producers and surplus‑lines brokers to the insured and insurer, and sets specific events that end a producer’s commission rights. Finally, it adds clear definitions for actuarial and rating terms used by the Insurance Commissioner.

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

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