08/16/2024 | News release | Distributed by Public on 08/16/2024 07:47
Oklahoma has enacted Rule 365:15-1-26, requiring insurers to conduct a market survey of the prices charged by certain repair facilities to establish a competitive price for motor vehicle repairs. The surveys should be updated sufficiently to reflect current market conditions. Upon request from the Department, insurers must provide copies of the surveys within 20 days.
Please see Oklahoma Rule 365:15-1-26for more information.