Okla. Stat. tit. 74 § 150.7c

Current through Laws 2024, c. 453.

Section 150.7c - Relevant information - Written request - Duty to inform governmental agency - Release of information

A. On written request to any insurer by an authorized governmental agency, the insurer or an agent authorized by an insurer to act on its behalf shall release to the authorized governmental agency any relevant information that the authorized governmental agency requests and that the insurer has relating to any specific motor vehicle theft or motor vehicle insurance fraud. Relevant information shall include but not be limited to:

1. Insurance policy information relevant to the specific motor vehicle theft or motor vehicle insurance fraud under investigation, including any application for the policy;

2. Policy premium payment records that are available;

3. History of previous comprehensive and collision claims made by the insured;

4. Information relating to the investigation of the motor vehicle theft or motor vehicle insurance fraud, including statements of any person, proofs of loss, and notice of loss; and

5. Information on payment of claims for motor vehicles which are so damaged that the vehicle cannot be repaired or rebuilt.

B. An insurer or an agent authorized by an insurer to act on its behalf shall notify the authorized governmental agency if the insurer or agent:

1. Knows the identity of a person whom the insurer or agent has reason to believe committed a criminal or fraudulent act relating to a motor vehicle theft or motor vehicle insurance claim; or

2. Has knowledge of a criminal fraudulent act relating to a motor vehicle theft or motor vehicle insurance claim that is reasonably believed not to have been reported to an authorized governmental agency; or

3. Has a claim for a motor vehicle which is so damaged that the vehicle cannot be repaired or rebuilt.

C. The authorized governmental agency, if provided with information pursuant to this section, may release or provide the information to any other authorized governmental agencies.

Okla. Stat. tit. 74, § 150.7c

Added by Laws 1988, HB 3159, c. 201, § 2, eff. 11/1/1988.