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Insurance Oversight Bill Sent to Governor Amid Rising Homeowner Costs
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Insurance Oversight Bill Sent to Governor Amid Rising Homeowner Costs
Legislation aimed at increasing oversight of insurance rate hikes in Oklahoma is headed to Governor Kevin Stitt for consideration. House Bill 3781, authored by Oklahoma Senator Aaron Reinhardt, would change the state’s property and casualty insurance rate filing system from a “use-and-file” model to a “file-and-use” process. Under the measure, insurance companies would be required to submit proposed rate increases to the Oklahoma Insurance Depart
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