IIAO Outlines 2011 Legislative Agenda
“Our members have identified key issues that will improve not only the insurance industry in Oklahoma, but also the business industry,” said Dan Ramsey, IIAO president and chief executive officer.
“In addition to issues that will drive economic development, such as workers’ compensation and lawsuit reform, we’ll be paying close attention to initiatives that will improve the insurance industry and the services the public pays for and receives.”
The IIAO agenda includes:
Motor Vehicles – IIAO supports legislative efforts to prohibit uninsured motorists, drivers operating vehicles under the influence of drugs or alcohol and fleeing felons from collecting payment for non-economic damages incurred while in an automobile accident. IIAO also supports removal of “stacking” limits for uninsured motorists.
CompSource Oklahoma – IIAO supports the privatization of CompSource Oklahoma into a mutual insurance company that will continue to serve as a market of last resort while remaining under the same rules as other insurance companies in the state.
Health Insurance Exchanges – IIAO supports development of health insurance exchanges to assist insurance agents in helping their clients make important insurance choices that meet their needs while allowing the agents to be fairly compensated for the work performed. Continuing Education – IIAO supports legislation allowing agents to have expanded continuing education classes that best meet their respective educational needs.