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What state official is charged with the responsibility of the administration and enforcement of the Oklahoma insurance regulations?

1) Insurance Commissioner
2) State attorney general
3) Governor
4) State legislature

1 Answer

4 votes

Final answer:

The correct answer is option 1) Insurance Commissioner.

Step-by-step explanation:

The official charged with the responsibility of the administration and enforcement of the Oklahoma insurance regulations is the Insurance Commissioner. This position is a state-level role that oversees the insurance industry to ensure that insurance remains affordable for consumers and that coverage is available to everyone.

This regulatory effort is part of a larger framework where each state maintains its own set of regulations, and where the National Association of Insurance Commissioners serves as a collective body to exchange information and strategies among state regulators.

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