eInsuranceTraining.com

Insurance licensees operating in Oklahoma can satisfy their two-hour renewal requirement for legislative updates on insurance related practices. A number of  House and Senate Bills are discussed, including specific changes, additions and supplemental material on statutory and administrative code legislation. The course concentrates on those items listed in the Legislative Updates publication and lends particular attention to insurance legislation updates and changes.  

The material discusses numerous Oklahoma laws and rules that have been legislated during the most recent legislative sessions in the state. Included in the course are specific measures, including those most recently enacted by the state legislature.  

The course explores numerous additions and changes to Oklahoma laws and rules, including the Liquidity Stress test, the most recent Omnibus bill, the state-based marketplace for medical coverage, external review regulations, Chapter 10 External Review, Chapter 25 Other Licensees, recent legislation of interest based on the most recently published content outline as well as a review of recent and important legislation. Confidentiality of information is thoroughly discussed, as are changes for agents and surplus lines submissions, licensing procedures, children’s immunizations, the Oklahoma Motor Vehicle Consumer Protection Act, Anesthesia measures, unfair claims practices, and much more.  

The transfer of ownership of prepaid funeral benefits and how the Commissioner can set rules for these processes are covered. The importance of data security and protecting insurance and financial data is explored in-depth, including the Insurance Data Security Act, its definitions, cybersecurity events, investigations, notification criteria and associated procedures are detailed.  

Confidential and privileged documents, materials and other information rules are entertained, including the Commissioner's ability to make rules. How officers, directors, employees and agents may be indemnified for Directors and Officers liability coverage is explained. The course continues with a discussion of the Bail Bondsman Omnibus Bill, which adds clarifying language to unlicensed individuals acting as a bail bondsman, hearings and records, surrenders of defendants, and forfeiture procedures under the bill.  

Surplus lines licensee changes are discussed, multi-state risk issues and broker’s annual statements are listed, licensing procedures and associated violations are explored, as is the transfer of or assuming blocks of insurance business.  

The final sections of the course detail the Insurance Commissioner and the ability to promulgate rules and the exceptions, how surplus lines submissions have been updated, licensing procedures and related violations, children’s immunization requirements and coverage additions. The last sections of the lesson discuss The Strengthen Oklahoma Homes Act, the establishment of the department, and program terms are detailed. Finally, the expiration of property and casualty policies and notices of cancellation or nonrenewal are considered. 

Images, numerous examples and scenarios,  and in-course questions are utilized throughout the materials to enhance learning. One brief final exam must be successfully passed in order to receive certification for the continuing education hours.  

Thank you for choosing At Your Pace Online! 

  • Course ID(s): 6000204499
  • Approved By: Oklahoma Insurance Department

Instructor Bio

Gary Sternberg

Gary Sternberg is a veteran of insurance training, having been in the insurance education industry for over 25 years. He is a highly focused, licensed professional with top-level skills in prelicense and continuing education content authorship and training. He is well-versed in compliance and has extensive experience with state and federal regulatory laws and rules. Gary brings to At Your Pace Online students his excellent teaching, writing, and presentation skills with the ability to turn the complex into learnable “normal” person material. Most importantly, Gary has a passion for insurance education and seeing students successfully navigate the licensing process.