Oklahoma P&C Insurance Exam 2026

The Oklahoma Property & Casualty Producer License

Oklahoma issues Property at 36 O.S. Sec. 1435.8(A)(3) and Casualty at (A)(4), and PSI offers a combined examination that carries both. It is priced at $38 - identical to either single-line paper, and identical to the narrower Personal Lines paper too.

This is the broadest of the property and casualty authorities Oklahoma issues, and it is worth understanding how the state stacks them, because the structure is not the NAIC model's. Personal lines at (A)(6) is "property and casualty insurance coverage sold to individuals and families for primarily noncommercial purposes." Commercial lines at (A)(7) is the same sentence with "businesses" and "commercial purposes" substituted. Oklahoma treats those as two parallel authorities and the combined Property & Casualty licence as the one that reaches across both.

Getting in takes one exam and one application. 36 O.S. Sec. 1435.7(A) asks for age 18, competence and trustworthiness, no disqualifying conduct under Sec. 1435.13, the fees, and a passing score - no coursework and no fingerprints. About $98 all in.

One statutory duty attaches to this licence by name once you hold it. 36 O.S. Sec. 1435.13a, captioned "Property and casualty insurance producers - Fiduciary duties," treats premiums you hold in a fiduciary capacity, prohibits commingling with personal funds, and sets four clocks - 45 days to remit premiums to the insurer absent a contractual due date, 30 days to return unearned premiums, 90 days after which an insurer must report a delayed accounting, and 45 days for an insurer to remit unearned premiums after a cancellation. The felony threshold is $150.

The Combined Paper, or Property and Casualty Separately

The combined Property & Casualty paper is 150 scored questions in 150 minutes. Each single-line paper - Property or Casualty - is 75 scored questions in 120 minutes. The narrower Property & Casualty - Personal Lines Only paper is 100 scored questions in 120 minutes. All four cost $38.

Because the fee never changes, the decision is about pace and scope only. Two single-line papers cost $76 across two appointments; the combined paper costs $38 in one. The single-line papers give you 96 seconds a question - the most generous pace of the seven general-lines producer exams (Title, Aircraft Title and Bail Bondsman make up the rest of the grid) - against 60 seconds on the combined paper. That is the only real argument for splitting, and it is a decent one if state law is where you feel least secure.

None of these counts is in the candidate bulletin. Near the end of the 7/1/2026 bulletin sits a table headed "Effective 8/1/2026" with only License Type and Examination columns, whose rows link out to a separate content outline per exam on a different PSI domain. The bulletin says "a small number (5 to 10)" of experimental questions may be administered; the outlines say "plus 5 unscored." Both are current, so expect 155 to 160 items and a score computed on 150.

Passing is 70% correct - "You must get 70% correct to pass," a raw percentage rather than a scaled score, so 105 of the 150 scored items. Attempts are unlimited under open eligibility, with no same-day rebooking.

Two exams Oklahoma does not offer, and it is worth knowing why rather than looking for them: there is no surplus lines producer exam and no standalone crop producer exam. OAC 365:25-3-16 exempts surplus lines brokers and limited lines producers from examination altogether, so no exam exists because none is required.

Most Tested Topics on the Oklahoma Property & Casualty Exam

The Oklahoma-specific marks on this paper cluster around the guaranty association, the regulator and the claim-handling clocks - and the guaranty figure is the one most likely to be answered wrongly by a well-prepared candidate, because the wrong answer is what every national course teaches. From the TESTivity Oklahoma regulations curriculum, statute-verified:

The $150,000 is the single highest-value fact on this page. Every national prep course teaches $300,000 as the property and casualty guaranty limit, because that is the NAIC model figure and the figure in most states. Oklahoma is at half of it - and since 1 November 2025 the sentence has a carve-out attached, because the $150,000 now applies to "all other covered claims except for claims relating to a cybersecurity insurance policy." So the honest answer to "what is Oklahoma's guaranty cap?" is: not exceeding $150,000 per claimant, unless it is a cyber claim, in which case $300,000 for all first- and third-party claims arising out of a single insured event, unless it is workers' compensation, in which case there is no cap at all, and unearned premium is $10,000 per policy. Four limbs, three dollar figures, and three different units of measurement - per claimant, per event, per policy.

Then know where the net-worth exclusion actually lives, because it is not where you would look. Sec. 2007 has the money and Sec. 2004 has the definitions, but the $50,000,000 high-net-worth exclusion is in neither - it is in Sec. 2020.2, a decimal-suffixed sibling section that Sec. 2004 merely cross-refers to. And read its operator: net worth that "exceeds Fifty Million Dollars," so exactly $50m is not excluded, measured on a consolidated basis across the insured and all its subsidiaries and affiliates as of 31 December of the year before the insolvency. The Association can also recover from a high-net-worth insured everything it paid on that insured's behalf.

The claim clocks are the second cluster, and the trap there is subtler than the numbers. Both of the 60-day clocks live in Sec. 1250.7 and they run from different events: subsection (A)'s accept-or-deny 60 days runs from receipt of properly executed proofs of loss, while subsection (C)'s complete-the-investigation 60 days runs from notification of proof of loss. Do not merge them, and do not answer a question about the outer limit with anything other than 120 days from receipt of proof of loss. Note too that all three of these clocks are scoped by their own text to property and casualty insurers - a course that teaches "in Oklahoma the insurer must acknowledge any claim in 30 days" is overstating the statute's reach.

And one date to keep straight, because it is easy to get caught out by news rather than by law. In December 2025 OID announced a legislative package that would have shortened those clocks dramatically - 14 days to acknowledge, 30 to accept or deny, 90 to resolve - alongside a Homeowner Claims Bill of Rights, 10% interest on overdue claims, a bar on denying claims solely on aerial imagery and a bar on nonrenewal solely because a roof is fifteen years old. None of it was enacted. HB2933 died in chamber and HB2929 stalled in Senate committee. The clocks remain 30 / 20 / 30 / 60 / 120. The one 2026 insurance measure that did pass is HB3781, a rate-filing bill approved 12 May 2026 whose new file-and-use process takes effect 1 July 2027.

Moving to Oklahoma With a License You Already Hold

Oklahoma's relocation rule is one of the more generous in the country, and its generosity is easy to lose by missing a deadline. 36 O.S. Sec. 1435.10(B), in full:

"A person licensed as an insurance producer in another state who moves to this state shall make application to become a resident licensee within ninety (90) days of establishing legal residence in Oklahoma. No examination or continuing education shall be required of that person to obtain resident licensing for any line of authority held by the licensee in the prior state on the date legal residency was established in this state, except where the Insurance Commissioner determines otherwise by regulation."

Read the four limits inside that sentence, because each one is a way to lose the benefit. The clock runs from establishing legal residence, not from moving your business or from your old licence expiring. It is 90 days, not six months and not a year. The waiver covers only lines you already held in the prior state on the residency date - a line you were planning to add does not travel with you. And it waives examination and continuing education, which is broader than most states' relocation rules, several of which waive the exam and leave the CE.

OAC 365:25-3-16(a)(4) restates the rule and adds a confirming sentence: "The examination exemption shall apply for the lines of authority held in the prior state." The rule and the statute agree, which is not always the case in Oklahoma.

The complete exam-exemption list, for context. OAC 365:25-3-16 names five categories in total: limited lines producers; surplus lines brokers; an applicant for an aircraft title producer licence who held a title insurance producer licence before 1 November 2006; the 90-day relocating producer above; and multi-peril crop adjusters certified by the Federal Risk Management Agency, who "may obtain a crop/hail or a multi-peril crop license upon presentation of the federal certification without having to take an examination." The statute, Sec. 1435.10(A), is narrower than the rule - it lists only limited lines producers and the pre-2006 title case - because it delegates the rest to "rules adopted by the Commissioner." Not a contradiction; a delegation.

And what the list does not contain: any professional designation. Neither the statute nor the rule names CPCU, CLU, ChFC, ARM, AAI, CIC, ACSR, CPSR, CFP, FLMI, LUTCF, RHU, REBC, HIA or CEBS. Oklahoma grants no designation-based exam waiver of any kind. This is worth stating plainly because a great many state-guide sites publish a generic designation-waiver list on every state page, and Oklahoma is one of the states where that list is simply not the law. If you hold a CPCU and are moving here, the route that helps you is the 90-day relocation waiver, not the designation.

If you are staying put and want to write Oklahoma business from out of state, that is a nonresident producer licence rather than reciprocity. The fee is $100 biennially rather than $60, and a nonresident also pays $20 to file the appointment of the Insurance Commissioner as agent for service of process. Nonresidents are exempt from Oklahoma CE where they satisfy an equivalent-or-greater requirement in their home state - OAC 365:25-3-1(c) covers both the nonresident licensed in a CE state who meets that state's requirement and the nonresident from a non-CE state who completes another state's CE.

One thing the relocation waiver does not do is speed up the paperwork. You still file through NIPR, still pay the $60, still answer the Uniform Application's background questions, and still wait the 5 to 7 business days OID quotes for processing. What you skip is the $38 exam and the CE cycle - which, on a multi-line licence, is the expensive part.

How OID actually administers it. OID's Resident State Change page answers most of the procedure: "Non-Resident to Resident: Contact the OID by e-mail with your NPN and the date you established residency in Oklahoma," and you must "surrender your resident license" in the prior state to apply here as a resident through NIPR. Read one sentence on that page carefully, because it sits in tension with the statute's CE waiver: "You may have to complete your continuing education prior to having your request for a change approved." Sec. 1435.10(B) says no continuing education shall be required; OID's page says it may be. If you are relying on the CE half of the waiver, get it in writing from OID Licensing before you file - and if your residency date is arguable or your move is close to the 90-day line, call them first rather than after.

Renewing an Oklahoma License, and What Happens If You Miss It

Your license expires on the last day of your birth month, every two years. OID's fee schedule states the mechanic: "The expiration date individual licenses will pro-rate or short-rate to renew biennially on the last day of the licensee's birth month." The statutory authority is 36 O.S. Sec. 1435.36 - all licences "shall continue in force not longer than twenty-four (24) months," with renewal dates staggerable at the Commissioner's discretion and the biennial fee adjusted accordingly. That pro-rating is why your first term is rarely a clean 24 months and why the first renewal invoice sometimes looks wrong.

Renewal opens about 90 days out and is online only. OID: "An existing ACTIVE resident (R) or non-resident (NR) license may be renewed approximately 90 days prior to the expiration" and "(Paper applications are not accepted)." NIPR's business rules say the same thing from the other side - "Renewal is allowed within ninety (90) days prior to expiration date."

Finish your CE thirty days early. OID's instruction is that "All CE requirements should be completed 30 days prior to the license expiration date to insure a trouble-free renewal process." The renewal transaction checks your CE status, and a course completed the week of expiration may not have posted through the provider's reporting cycle in time. Providers themselves are on a clock - OID charges a $50 per course offering late fee to a CE provider who fails to report a roster in SBS within 10 business days of course completion - which tells you how long a completion can take to appear.

And there is a genuine grace period, but it is three days long. NIPR's Oklahoma business rules - stated on its non-resident requirements page rather than the resident one - read: "Licenses stay active up to three (3) days past expiration," and "Reinstatement period starts on the 4th day after expiration up to one (1) year."

If it lapses: twelve months, at double the fee. 36 O.S. Sec. 1435.8(C) allows reinstatement without re-examination "within twelve (12) months from the due date of the renewal fee," and "a penalty in the amount of double the unpaid renewal fee shall be required for any renewal fee received after the due date." So $120 rather than $60, and that is a doubling rather than a flat late charge.

Note the mechanism OID actually uses, because it sounds alarming and is not. OID states that "an expired license may not be renewed." What it means is procedural: a licence expired less than one year "may be reactivated by submitting a new INITIAL application online." Same twelve-month window, same double fee, and crucially "The license number and original expiration date will remain the same" - so a reactivation does not restart your cycle or give you a new number. You must also be CE compliant at least 48 hours before you submit the reactivation.

Past twelve months, you start over. NIPR's Oklahoma business rules say it in one sentence: "Reinstatement period starts on the 4th day after expiration up to one (1) year. After one (1) year applicant must apply as new." That is consistent with Sec. 1435.8(C), which limits its exam waiver to the twelve-month window - so a lapse past a year means a fresh application on the same terms as a first-time applicant, examination included. Note that this is a NIPR/OID operational rule rather than a sentence in the statute; OID's own reactivation page addresses only the under-one-year case and refers everyone else to Licensing.

Where the CE clock starts, which is not where the licence clock starts. OAC 365:25-3-1(d)(1): "The twenty-four month period begins the first day after the license is granted." Your licence term, by contrast, is pro-rated to land on your birth month. On a first licence the two cycles do not align, and the CE window is normally the one that closes first - which is the practical reason OID tells people to finish 30 days early.

What the Oklahoma Property & Casualty License Costs

$38 for the combined exam and $60 for the biennial resident producer licence, plus NIPR's transaction fee - about $98 on a first-attempt pass, for both lines of authority.

The licence fee is charged per licence, not per line: OID's schedule bills "Producer (Agent) - General LOAs - 60.00 - Biennial." So a combined Property & Casualty licence costs exactly what a single-line licence costs.

There is no pre-licensing course and no fingerprint fee, because Oklahoma requires neither of producers. 36 O.S. Sec. 1435.23 also caps any Oklahoma insurance examination fee at "not to exceed One Hundred Dollars ($100.00)" - the $38 producer fee sits well under it, adjuster exams are $20, and Bail Bondsman at $100 is the only exam that reaches the ceiling.

Retakes are $38 with no cap and no waiting period beyond a day. A missed or late-cancelled appointment costs the whole fee - two days' notice minimum, and forfeiture also applies if you are not checked in by your scheduled start time or cannot present current government-issued photo identification.

Renewal is $60 every two years, doubling to $120 if it is late. Appointments are $30 annually per appointed producer, paid by the insurer - not by you, and not to be confused with the $20 service-of-process filing fee that applies to nonresidents.

A nonresident Oklahoma licence is $100 biennially plus the $20 service-of-process filing.

Eligibility Requirements

36 O.S. Sec. 1435.7(A) - four findings: at least 18; "has not committed any act that is a ground for denial, suspension or revocation set forth in Section 1435.13"; "has paid the fees set forth in Section 1435.23"; and "has successfully passed the examinations for the lines of authority for which the person has applied." Sec. 1435.7(C) adds the character test, that the applicant "is competent, trustworthy, financially responsible, and of good personal and business reputation."

No pre-licensing education is required. OID states it affirmatively - "The OID does not require nor regulate Pre-Licensing Education" - and the fifteen exam-prep providers listed on that page are voluntary. Be aware that 36 O.S. Sec. 1435.29 is captioned "Prelicensing and continuing education" and contains no prelicensing provision in its operative text; the heading is a vestige.

No fingerprints, no criminal-history record check, no background investigation for a resident producer. Oklahoma screens through the Uniform Application's background questions, with documents uploaded via NIPR's Attachments Warehouse where an answer is "yes" - the Casualty guide walks that in detail, including the 1033 waiver route under 36 O.S. Sec. 402(B) for an applicant with a disqualifying felony, which must be approved before you sit the exam.

Exam waivers are the five categories in OAC 365:25-3-16 and include no professional designation - see the reciprocity section above for the full list and for the 90-day relocation waiver, which is the one that does real work.

Temporary licences under Sec. 1435.12 are hardship-only, run up to 180 days, are renewable once, and are capped at six months in total. There is no provisional or trainee licence in Oklahoma; the rules that once created one are marked revoked in the current Administrative Code.

Keeping the Oklahoma Property & Casualty License

24 hours every two years, and the split comes from two instruments. 36 O.S. Sec. 1435.29(A)(1) requires "not less than twenty-one (21) clock hours" plus "three (3) clock hours of ethics"; OAC 365:25-3-1 adds two hours of state or federal legislative update, which OID carves out of the statutory 21 rather than adding on top. So: 19 general + 3 ethics + 2 legislative update. Up to six excess hours carry forward as general hours and may also be used to bring a lapsed licence into compliance. There is no cap on self-study or online delivery, and no exemption keyed to age or years licensed - the exceptions are limited lines producers, two categories of qualifying nonresident, and, in the statute, sitting members of the Legislature. If illness or disaster gets in the way, OAC 365:25-3-1(k) allows the Commissioner to grant up to a twelve-month extension, requested in writing at least 30 days before the period expires, and it expressly "will not alter the requirements or due date of the succeeding twenty-four-month period." Complete everything 30 days before your birth-month expiration; the renewal section above covers the cycle, the reinstatement window and the double fee.

The annuity and long-term care gates do not attach to Property or Casualty. Those two need a Life line (annuity best-interest training, one-time 4 credits) or a Life or Accident & Health line (long-term care, 8 hours initially and 4 every 24 months). There is no flood training requirement in Oklahoma - the one-hour flood CE requirement was removed effective 15 September 2019, and flood courses now count as general elective credit only. There is no wind or hail training mandate.

And Oklahoma has an earthquake CE hour that almost nothing published mentions. OAC 365:25-3-1(d)(5): "Beginning January 1, 2015, each resident insurance producer with a property line of authority shall complete one (1) hour of continuing education credit in the topic of earthquake insurance as part of the continuing education credit hours required each twenty-four month period." It is not an extra hour - it sits inside the 24, as one of your 19 general hours - and OID's 2014 notice put it the same way: the requirement "will be included in the 24 hours ... as general credits." Worth knowing that OID's own CE summary page omits it; the rule text is what controls. It is the only peril-specific CE requirement Oklahoma has, and it exists for the same reason the state's wastewater-injection seismicity does.

The conduct rules that bite a working P&C producer are three. Fiduciary duties, 36 O.S. Sec. 1435.13a: premiums to the insurer by the contractual due date or, absent one, within 45 days; return premiums within 30 days; no commingling; conversion of more than $150 is a felony carrying up to $5,000 and five years. Records, Sec. 1435.13(E): the usual and customary records kept at your place of business and open to the Commissioner for three years after the transaction - and note the provision in the same subsection that is cost recovery rather than a penalty, under which the cost of a financial or market conduct examination "shall be apportioned among all of the appointing insurers of the licensee." Controlled business, Sec. 1435.21: the presumption bites where controlled-business commissions "has exceeded twenty-five percent (25%)" of your total in any twelve-month period - a rolling window at half the usual threshold.

One more that is specific to Oklahoma and specific to producers: Sec. 1435.13(A)(15) makes "failing to respond to an inquiry from the Department as required" a ground to censure, suspend, revoke or refuse a licence, and it pairs with Sec. 1250.4(B)'s twenty calendar day clock for "any person subject to the jurisdiction of the Commissioner" - extendable by seven more for good cause, with both the inquiry and the response required to be delivered electronically. That subsection is the one limb of the Unfair Claims Settlement Practices Act that reaches producers directly rather than only insurers, and it is a live licensing risk rather than a theoretical one.

Finally, a regulatory position worth tracking if you are compensated by carriers. OID Bulletin 2025-12 (7 November 2025) warns carriers under Sec. 1209(A)'s residual unfair-practices authority against altering or eliminating producer compensation mid-year and against discontinuing commissions on products whose rates were developed with commission loads - "carriers should compensate producers accordingly," and OID says it "will closely monitor compliance and may take enforcement action." Treating a mid-year commission cut as a potential unfair trade practice is an Oklahoma regulatory stance with no national analogue.

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