OK Bulletin LH 2019-04
Bulletin No. LH 2019-04: Oklahoma Statutes Title 36 Section 4103
1
BULLETIN NO. LH 2019-04
To:
All Life & Health Insurance Companies
From: Glen Mulready, Insurance Commissioner
Date: November 25, 2019
Re:
Oklahoma Statutes Title 36 Section 4103
As required in Oklahoma Statutes Title 36 Section 4103, premium rates for group life policies
must be filed with the Oklahoma Insurance Department prior to any group life insurance
being delivered in this state. It has been brought to our attention that this existing requirement
has not been followed by all companies selling group life insurance in Oklahoma. Therefore,
beginning November 25, 2019, all initial and subsequent premium rates and supplementary
rate information must be filed with the Oklahoma Insurance Department for all group life
policies and certificates. Any previously filed policies in which rates were not included must
be supplemented with a rate filing.
Questions or comments applicable to this bulletin should be directed to Andy
Schallhorn, Deputy Commissioner of Financial Regulation and Chief Actuary, at
andrew.schallhorn@oid.ok.gov.
The Oklahoma Insurance Department encourages readers of this notice to periodically
check the Department’s web site http://www.oid.ok.gov/ for news and updates to
Bulletins and other relevant material.