The Oklahoma Insurance Department has issued an emergency bulletin to all insurers licensed to transact business in the state following the tornado and severe storms that hit Oklahoma on May 19 and 20, 2013. Oklahoma Governor Mary Fallin issued Executive Order 2013-20 declaring a disaster emergency for the counties of: Caddo, Cleveland, Comanche, Creek, Garfield, Grant, Greer, Kiowa, Lincoln, Logan, McCain, Okfuskee, Oklahoma, Pawnee, Payne, and Pottawatomie, to be effective from the date of her signature for a period of thirty (30) days. The emergency bulletin instructs the following: • Coverage for insureds in the affected counties must continue under all insurance policies in effect immediately preceding the storms on May 19, 2013, until Executive Order 2013-20 is terminated. Insurers cannot cancel, nonrenew, or terminate coverage while this bulletin is in effect. This period of time is a grace period during which consumers can take those actions necessary to keep their policies in force. • Affected insureds may request and obtain a copy of their insurance policies free of charge. • Any rate increase for insurance policies in the affected counties with an effective date on or after May 19, 2013, shall be deferred until the emergency terminates. The coverage shall remain in effect at the previously established rate. • When prescription drug coverage exists for insureds of the affected counties, insurers shall allow insureds to obtain refills of their prescriptions even if the prescription was recently filled. Oklahoma Insurance Department – Emergency Bulletin June 5, 2013
Posted on: Mon, 10 Jun 2013 22:45:47 +0000
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