On August 24, 2016, the Oklahoma Insurance Commissioner issued an order requiring all accredited reinsurers in the state to file all annual statements, audited financial statements, forms, documents and accompanying fees, fines, and payments, by electronic means. The new requirements are effective on or before March 1, 2017. The Commissioner acted pursuant to a statute in effect as of November, 2014, which granted authority to require certain forms and associated payments to be filed electronically, “notwithstanding” other provisions of law requiring particular forms and payments be filed in paper form or mailed or hand-delivered to the Insurance Department.
In re: Electronic Filings of Accredited Reinsurers in the State of Oklahoma, Case No. 16-0633 (Aug. 24, 2016)