Okla. House: Governor Approves Mutual Insurer Transformation and Holding Companies Legislation
May 02, 2024
May 02, 2024
OKLAHOMA CITY, Oklahoma, May 2 -- The Oklahoma House issued the following news release:
The Governor has recently signed a measure allowing mutual insurers in the state to reorganize into converted stock insurers and establish mutual holding companies.
Rep. Mark Tedford, R-Tulsa, authored House Bill 3090, which will streamline the transitioning of mutual insurance structures, fostering a more flexible and competitive insurance market.
"This legislation . . .
The Governor has recently signed a measure allowing mutual insurers in the state to reorganize into converted stock insurers and establish mutual holding companies.
Rep. Mark Tedford, R-Tulsa, authored House Bill 3090, which will streamline the transitioning of mutual insurance structures, fostering a more flexible and competitive insurance market.
"This legislation . . .