Oklahoma Enacts Senate Bill 542

Oklahoma recently enacted Senate Bill 542. Among other provisions, this Bill requires insurers under the jurisdiction of the Insurance Commissioner to keep any contact information deemed necessary on file with the Insurance Department. The contact information must be kept current and submitted electronically in the way prescribed. Any change in contact information should be submitted within 20 days of the change. The Bill goes into effect on November 1, 2024.

Please see Oklahoma Senate Bill 542for more information.