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Code · Oklahoma · Title 36 — Insurance

§36-983. Scope of act.

122 words·~1 min read·/ok/title-36-insurance/36-983·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The Property and Casualty Competitive Loss Cost Rating Act applies to all forms of property and casualty insurance written in this state by insurers licensed in this state. The Property and Casualty Competitive Loss Cost Rating Act shall not apply to:
1. Reinsurance;
2. Life insurance;
3. Accident and health insurance;
4. Insurance of vessels or craft, their cargoes, marine builders' risks, marine protection and indemnity, or other risks commonly insured under marine, excluding inland marine, insurance as determined by the Commissioner; and
5. Title insurance. Added by Laws 1999, c. 83, § 3, eff. Nov. 1, 1999. Amended by Laws 2004, c. 519, § 14, eff. Nov. 1, 2004; Laws 2005, 1st Ex.Sess., c. 1, § 3, eff. July 1, 2005.
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