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American Institute of Marine Underwriters |
Select State
OK
- Statreg:
36 Okl. Stat. Ann. § 6203, 6216(A), 6220(F).
Exempt if "occasionally" in Okl. to adjust marine losses. 36 Okl. St. Ann. § 6203(3).
- Stat/reg provision relating to nonresident licensing/ application:
36 Okl. St. Ann. § 6205.
- Licensing exception for singular or unusual losses?:
Yes.
In the event of a catastrophe, declared an emergency by the Insurance Commission, the Commissioner may issue emergency adjuster licenses to adjust claims related to the catastrophe. 36 Okl. Stat. Ann. 6218(A).
No license required for a nonresident who is "occasionally" in OK to adjust single loss or losses under marine policy, or a nonresident adjuster, licensed in another state, who is in OK no more than once a year to adjust a single loss or losses "arising out of an occurrence common to all such losses" or who is acting as a temporary substitute for a licensed adjuster. 36. Okl. St. Ann. 6203(3), 6203(8).
- Testing required?:
Yes.
However, waived if licensed in a state requiring license exam. 36 Okl. Stat. Ann. §§ 6205(B), 6205(C), 6208(B)(2).
- Continuing ed. required?:
Yes. 36 Okl. Stat. Ann. § 6217(B).
However, waived if licensed in designated home state with continuing education requirement. Okl. Admin. Code § 365:25-3-14(c).
- Penalty for violation of license requirement:
Fine up to $1,000 per violation. Punishable as misdemeanor if no greater penalty provided, generally. 36 Okl. Stat. Ann. §§ 6220(A), 6220(B), 117.
- Penalty for other violations of licensing provisions:
Censure, suspension, or revocation and/or fine up to $1,000 per violation. 36 Okl. Stat. Ann. §§ 6220(A), (B).
- State:
Oklahoma