Resolution; CompSource Mutual Insurance Company; State Insurance Fund; trust; public interest.

Summary

The House adopted a resolution affirming Oklahoma’s ongoing interest in CompSource Mutual Insurance Company and stating that the company must remain a mutual insurer. It declares that the company may never become a stock insurer and can only become a mutual holding company if policyholders receive fair ownership interests. The resolution also notes that CompSource Mutual is not a state agency and that preserving a statutory workers’ compensation system is a matter of public interest.

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