Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 365. Insurance Department |
Chapter 15. Property and Casualty |
Subchapter 7. Property and Casualty Competitive Loss Cost Rating Regulation |
SECTION 365:15-7-28. Use of lack of prior insurance in underwriting or rating
Latest version.
- Insurers shall not refuse to insure, surcharge or place an applicant for insurance in a higher priced program or plan if the applicant is not required to have insurance pursuant to Chapter 7 of Title 47 of the Oklahoma statutes. An insurer shall not be prohibited from applying a rating plan approved by the Commissioner.