Insurance; enforcement and power of the Insurance Commissioner; bulletins; Strengthen Oklahoma Homes Program; expanding length of program; acquisitions; Long-Term Care Insurance Act; prohibiting persons from selling without proper license; effective date.
Approved by Governor 05/11/2026
Summary
The bill establishes a new Insurance Act of 2026 that gives the Oklahoma Insurance Commissioner broader enforcement powers, requires insurance bulletins, and strengthens the Oklahoma Homes Program by extending its duration. It also adds provisions for acquisitions, updates the Long‑Term Care Insurance framework, and bans anyone from selling insurance without a proper license.
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