Question

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

Answer 1

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.