Section 323 - [Effective 11/1/2024]In addition to any powers herein before expressly enumerated in this law, the Insurance Commissioner shall have full power and authority to enforce by regulations, orders, bulletins or otherwise all and singular, the provisions of this law, and the full intent thereof. In particular the Commissioner shall have the authority and power:
1. To examine all records of persons or organizations falling under the jurisdiction of the Commissioner and to require the same to furnish under oath such information as the Commissioner may deem necessary for the administration of this law. The expense of such examination shall be paid by the insurer or advisory organization examined. In lieu of such examination, the Commissioner may, in the discretion of the Commissioner, accept a report of examination made by any other insurance supervisory authority;2. To make and enforce such reasonable bulletins, orders, rules and regulations as may be necessary in making this law effective, but such bulletins, orders, rules and regulations shall not be contrary to or inconsistent with the provisions of this law; and3. To issue an order in accordance with Article II of the Administrative Procedures Act to all parties in interest requiring any person or organization falling under the jurisdiction of the Commissioner to cease and desist from any unfair or unreasonable practice.Okla. Stat. tit. 36, § 323
Added by Laws 2024, c. 345,s. 8, eff. 11/1/2024.