Oklahoma
Glen Mulready
Oklahoma Insurance Department
Appointments & Terminations
Yes
Yes
Within 15 days of contract execution or first business submission
JIT appointments permitted. Appointments must be submitted within 15 days of the date the agent/agency contract is executed or the first piece of business is submitted to the carrier
Yes
$30
$30
Yes
No
Yes
Effective date is required. Must not be in the future. Requested effective date may be backdated up to 15 days from the current date. Effective date must not precede effective date of appointee or the appointer license.
Yes
Via NIPR
Nov. 24, 2021 until Dec. 31, 2021
$30
Yes
Voluntary termination; cancelled for cause
No
Date the transaction is processed
No fee
Licensing
Resident New License Insurance Producer: $60 (All LOAs excluding Variable) Resident New License Limited Lines: $40 Resident New License Surplus Lines Broker: $100 Non Resident New License Insurance Producer: $100 (All LOAs excluding Variable) Non Resident New License Limited Lines: $100 Non Resident New License Surplus Lines Broker: $100
Resident Renewal Insurance Producer: $60 Resident Renewal Limited Lines: $40 Resident Renewal Surplus Lines Broker: $100 Non Resident Renewal Insurance Producer: $100 Non Resident Renewal Limited Lines: $100 Non Resident Renewal Surplus Lines Broker: $100
90 days before expiration
Last day of birth month every 2 years based on year of first state license issue
90 days before expiration
Last day of birth month every 2 years based on year of first state license issue
No
Yes
Residence, Business, and Mailing
Third Party Administrator, Risk Retention Group, Viatical Settlement Broker, Life Settlement Broker, Customer Service Representative, Surplus Lines Broker, Bail Bondsman, Property and Casualty, Surplus Lines, Life, Public Adjuster, Title, Consultant. Emergency Adjuster, Insurance Producer, Managing General Agent, Insurance Broker, Motor Service Club, Reinsurance Intermediary Broker, Reinsurance Intermediary Manager, Adjuster, Apprentice Adjuster, Portable Electronics, Temporary Producer, Limited Lines Producer
Included in Producer License Class. Insurers are not required to appoint Brokers per NAIC PLMA
No
Agency
No
Yes
No
90 days prior to expiration date until expiration date.
Yes
No
License not required but branch must be registered
Adjuster
Yes
Yes
Yes
AK, AL, AR, AZ, CT, DE, FL, GA, ID, IN, KY, LA, ME, MI, MN, MS, MT, NC, NH, OR, RI, SC, TX, UT, VT, WA, WV, WY
CA, HI, NV, NM, NY, PR
Property, Casualty, Crime & Fidelity Bonds, Crop / Hail, Workers' Compensation, Multi-Peril Crop
Adjuster Licensing Fee (One LOA): $30 Adjuster Renewal Fee (One LOA): $30 Adjuster Licensing Fee (Two or More LOAs): $50 Adjuster Renewal Fee (Two or More LOAs): $50 Adjuster Reinstatement Fee (One LOA): $60 Adjuster Reinstatement Fee (Two or More LOAs): $100
Yes
Biennially, on the last day of an individuals birthday. For business entities, refer to the expiration date on the license as the date a renewal is due.
DRLP is required for business entities applying for an adjuster license.
Property, Casualty, PC Personal Lines
$20
6 Months
The license is revoked if the period exceeds 180 days, or if the exam is failed twice. The adjuster that the apprentice works with must have the same lines of authority as the apprentice.
Emergency adjuster fee is $15. Valid for 90 days past the declaration of an emergency. An application must be filled out which requires sponsorship of someone licensed within OK.
Continuing Education
24
2 years
Yes
Last day of birth month
Year of first license issuance
Prior to license expiration. Credits must show up at least 3 days before license renewal.
90 days prior to expiration date
You have one year to reactivate by submitting a new initial application online. A double license fee will be assessed in order to reactivate a license with a lapse. The license number and original expiration date will remain the same. An exam is not required. One must be CE compliant at least 48 hours prior to submitting an application to reactivate their license.
Yes
3 hours ethics, 2 hours Oklahoma legislative updates
3 hours of NFIP course
8-hour initial certification, with 4 hours of LTC-specific training every two years
One-time, 4-hour course
https://agentsync.io/blog/individual-producers/insurance-continuing-education-oklahoma
Regulatory Updates
Exam Vendor Change for Oklahoma
PSI will be Oklahoma's new exam vendor beginning February 15th.
Oklahoma Gets a New Exam Administer
PSI will be the new exam administer for Oklahoma beginning on 2/16/2023
Oklahoma Issues 2022 Company Appointment Renewal Dates
The invoice renewal period for Oklahoma is Nov. 24, 2022 - Jan 2, 2023 4PM CST. The termination deadline was Nov 16, 2022
Oklahoma Sets 2022 Appointment Renewal Dates
The 2022 Oklahoma appointment renewal dates are 11/24/2022 - 12/31/2022. Appointments must be terminated by 11/16/2022 if they are not to be renewed
Oklahoma to Populate Original Appointment Date
Beginning on 10/14/2022 Oklahoma will populate the Original Appointment Date. Previously they were populating the appointment effective date in the PDB.
Oklahoma Insurance Consultant and Customer Service Representative Conversions
Effective 11/1/2022 Oklahoma will require licensed Insurance Consultants and licensed Customer Service Representatives to hold an Insurance Producer license. SBS will complete this conversion automatically for anyone license as a consultant or CSR on the effective date.
Oklahoma Adds Language to Consultant License Requirements
Language has been added to the consultant license in OK. The language states that a producer license is required of any individual or organization consultant. Note that, in OK, the term consultant is used to include brokers as well. Therefore, both brokers and consultants must be licensed as an insurance producer.
Oklahoma Makes Changes to Surplus Lines
Adjustments were made to the surplus lines requirements.
Surplus Lines Alert For Several Jurisdictions
Several states have released key information on Surplus Lines and can be found in the attached document.
FAQs
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How Do I Get an Insurance License in Oklahoma?
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How Do I Get a State Adjuster License in Oklahoma?
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How do I renew my insurance license in Oklahoma?
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How do I renew my non-resident insurance license in Oklahoma?
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How Do I renew My Non-Resident Adjuster License in Oklahoma?
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How Do I Renew My Adjuster License In Oklahoma?