Publication Date
2024-05-10
effective date
2024-05-10
jurisdiction
Oklahoma Declares Emergency and Will Issue Emergency Adjuster Licenses
Effective May 10, 2024, Oklahoma Insurance Commissioner Glen Mulready ordered and declared an emergency pursuant to Section 6218 of the Oklahoma Insurance Code due to the severe outbreak of storms on or about April 25, 2024, through May 6, 2024.  The declaration of emergency allows the Commissioner to issue a license as an emergency adjuster to any resident or nonresident applicant. It requires an Oklahoma-licensed resident adjuster to sponsor the applicant. An individual licensed as an emergency adjuster may only adjust claims related to the catastrophe and is valid for 90 days from the date the Commissioner issues the declaration. See attachment for full details.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
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This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
categories
Adjuster

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