Please write 100 words ( Own words ) Do not quote or copy.
No Format required.
Of the “State Regulations Can Vary”, there is a list of some ways in which rate regulation for property and casualty insurance vary by state.
- Prior approval law
- Modified prior approval law
- File-and-use law
- Use-and-file law
- Flex-rating law
- State-made rates
- No filing required
Which of those are applicable in the regulation of insurance in Oklahoma? Are there other areas where Oklahoma varies from most other states in their approach to insurance regulation?
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