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The revenue for Oklahoma Insurance Department's budget is generated from the fees associated with the licenses. Since 2016, the OID has been non appropriated.According to the OID's 2018 Annual Report, the department's operations have produced $46.5 million to be given back to the State of Oklahoma budget for use by other state agencies.
Obtaining a certificate is voluntary in some fields, but in others, certification from a government-accredited agency may be legally required to perform certain jobs or tasks. Organizations in the United States involved in setting standards for certification include the American National Standards Institute (ANSI) and the Institute for ...
The institute offers qualifying examinations that cover insurance law, claims procedure, report writing and loss adjustment. Those who pass these examinations may then be elevated to different levels dependent upon their qualification. The first objective of the institute is the study of the profession. [3]
A home insurance adjuster is responsible for investigating insurance claims. Most adjusters are employed or contracted by insurers and don’t charge policyholders for home visits, but homeowners ...
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An incident involving an elevator at a former Colorado gold mine that led to the death of a tour guide and trapped a group of tourists for hours last year...
The NAIC is not a regulator; while its members are the insurance commissioners (i.e., the chief insurance regulators) of each U.S. state and six territories, [1] the NAIC is a non-governmental organization that concerns itself with insurance regulatory matters but does not actually regulate. The states have not delegated their regulatory ...
Related: Kyle MacLachlan Mourns David Lynch: 'I Owe My Entire Career, and Life Really, to His Vision' Still, the cast of Dune remembered Lynch fondly, honoring him with tributes after news of his ...