Oklahoma senate Failed
OK SB 1098
Oklahoma Insurance Modernization Act
Failed in House committee; sponsor expected to refile.
Read the official bill text ↗Summary
Would have permitted use-based and behavior-based pricing in P&C insurance, expanded captive-insurer authority, and reduced filing-and-form review timelines from 60 to 30 days.
Key provisions
- Telematics + behavior-based personal-lines pricing permitted
- Captive insurer minimum capital reduced for small carriers
- Form + rate filing review compressed to 30 days
- Public disclosure of consumer-complaint rates by carrier
- OID enforcement authority modernized
Effect
Who benefits Carriers seeking pricing flexibility, captive sponsors, lower-risk drivers.
Who pays Higher-risk drivers under new pricing models, consumers if disclosure weakens.
Your reps on this bill
JL
James Lankford
U.S. Senator · R-OK
no roll call
AA
Alan Armstrong
U.S. Senator · R-OK
no roll call
JB
Josh Brecheen
U.S. Rep · OK-02 · R-OK
no roll call
DB
David Bullard
U.S. Senator · R-OK
YEA ✕ disagrees
CM
Cody Maynard
U.S. Rep · HD-21 · R-OK
no roll call
Full roll call
1 yea · 1 nay · 2 recorded
| Legislator | Chamber | Party/State | Vote |
|---|---|---|---|
| David Bullard | senate | R-OK | YEA |
| Jacob Rosecrants | house | D-OK | NAY |