Oklahoma Commissioner of Insurance

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Oklahoma Commissioner of Insurance

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General information
Office Type:  Partisan
Office website:  Official Link
Compensation:  $126,713
2023 FY Budget:  $20,888,202
Term limits:  8 years
Structure
Length of term:   4 years
Authority:  Oklahoma Constitution, Article VI, Section 1
Selection Method:  Elected
Current Officeholder

Oklahoma Commissioner of Insurance Glen Mulready
Republican Party
Assumed office: January 14, 2019

Elections
Next election:  November 3, 2026
Last election:  November 8, 2022
Other Oklahoma Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Commission


The Oklahoma Commissioner of Insurance is an elected executive position in the Oklahoma state government. The commissioner is responsible for enforcing Oklahoma's insurance-related laws and protecting the financial security of the state and its citizens.[1]

Current officeholder

The current officeholder is Glen Mulready (R). He was first elected in November 2018 and assumed office on January 14, 2019.[2]

Authority

The office of the Oklahoma Insurance Commissioner is established in Article VI, Section 1 of the Oklahoma Constitution.[3]

Article VI, Section 1:

A. The Executive authority of the state shall be vested in a Governor, Lieutenant Governor, Secretary of State, State Auditor and Inspector, Attorney General, State Treasurer, Superintendent of Public Instruction, Commissioner of Labor, Commissioner of Insurance and other officers provided by law and this Constitution, each of whom shall keep his office and public records, books and papers at the seat of government, and shall perform such duties as may be designated in this Constitution or prescribed by law.

B. The Secretary of State shall be appointed by the Governor by and with the consent of the Senate for a term of four (4) years to run concurrently with the term of the Governor.

Qualifications

Article VI, Section 22 of the Oklahoma Constitution establishes the qualifications of the office:[3]

There shall be elected by the qualified electors of the State, at the first general election, a chief officer of said department, who shall be styled "The Insurance Commissioner," whose term of office shall be four years: Provided, That the first term of the Insurance Commissioner so elected, shall expire at the time of the expiration of the term of office of the first Governor elected. Said Insurance Commissioner shall be at least twenty-five years of age and well versed in insurance matters.


§36 302 of the Oklahoma state code further specifies that the commissioner shall be "at least twenty-five (25) years of age and a resident of the State of Oklahoma for at least five (5) years, and have had at least five (5) years' experience in the insurance industry in administration, sales, servicing or regulation. The Insurance Commissioner shall not be financially interested, directly or indirectly, in any insurer, agency or insurance transaction except as a policyholder or claimant under a policy."[4]

  • at least 25 years old.
  • at least five years experience in the insurance industry
  • a resident of Oklahoma for at least the last five years
  • no financial interest in any insurer, agency, or insurance transaction

Elections

Oklahoma state government organizational chart

The Oklahoma Commissioner of Insurance is elected on even years, in mid-term elections. The position is elected in 2018, 2022, 2026, and 2030.

Term limits

No person may serve as the Oklahoma Commissioner of Insurance for more than eight years.[3]

2022

See also: Oklahoma Insurance Commissioner election, 2022

Republican primary election

The primary election was canceled. Glen Mulready (R) won the election without appearing on the ballot.

2018

See also: Oklahoma Insurance Commissioner election, 2018

General election

General election for Oklahoma Commissioner of Insurance

Glen Mulready defeated Kimberly Fobbs in the general election for Oklahoma Commissioner of Insurance on November 6, 2018.

Candidate
%
Votes
Image of Glen Mulready
Glen Mulready (R)
 
62.0
 
720,077
Image of Kimberly Fobbs
Kimberly Fobbs (D)
 
38.0
 
441,925

Total votes: 1,162,002
(100.00% precincts reporting)
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Democratic primary election

Democratic primary for Oklahoma Commissioner of Insurance

Kimberly Fobbs advanced from the Democratic primary for Oklahoma Commissioner of Insurance on June 26, 2018.

Candidate
Image of Kimberly Fobbs
Kimberly Fobbs

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Republican primary election

Republican primary for Oklahoma Commissioner of Insurance

Glen Mulready defeated Donald Chasteen in the Republican primary for Oklahoma Commissioner of Insurance on June 26, 2018.

Candidate
%
Votes
Image of Glen Mulready
Glen Mulready
 
54.8
 
219,031
Silhouette Placeholder Image.png
Donald Chasteen
 
45.2
 
181,011

Total votes: 400,042
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2014

See also: Oklahoma down ballot state executive elections, 2014

Republican incumbent John Doak won election without opposition on November 4, 2014.


Vacancies

Under Article 6, Section 13 of the state Constitution, in the event of a vacancy in the office the governor appoints a person to serve until a successor is either elected or appointed and qualified by law.

Duties

The duties of the insurance commissioner are outlined in §36-307of the Oklahoma Statutes:[4]

  • responsible for the administration and enforcement of the provisions of the Oklahoma Insurance Code and of any requirements placed on an insurance company pursuant to subsection L of section 1111 of Title 47 of the Oklahoma Statutes.
  • has jurisdiction over complaints against all persons engaged in the business of insurance
  • hears all matters either in person, by authorized disinterested employees, or by hearing examiners appointed by the Commissioner for that purpose.
  • files and safely keeps all books and papers required by law to be filed with the Insurance Department, and keeps and preserves in permanent form a full record of proceedings, including a concise statement of the conditions of such insurers and other entities reported and examined by the Department and its examiners.
  • makes a report to the Governor of the State of Oklahoma of the affairs of the Office of the Insurance Commissioner
  • may educate consumers and make recommendations regarding the subject of insurance in this state
  • shall set forth in a statement the various sums received and disbursed by the Department, from and to whom and for what purpose.
  • shall, upon retiring from office, deliver to the qualified successor all furniture, records, papers and property of the office.

Divisions

Updated January 27, 2021
  • Anti-Fraud Unit
  • Bail Bonds
  • Communications
  • Consumer Assistance
  • Financial
  • Government and Community Affairs
  • Legal
  • Licensing and Education
  • Real Estate Appraiser Board
  • Rate and Form Compliance Division
  • Senior Health Information Counseling Program
  • Senior Medicare Fraud[5]

State budget

See also: Oklahoma state budget and finances

The budget for the Insurance Department in Fiscal Year 2023 was $20,888,202.[6]

Compensation

See also: Compensation of state executive officers

DocumentIcon.jpg See statutes: Title 74, Chapter 10 of the Oklahoma Statutes

Title 74, Chapter 10, Section 250.4 (§74‑250.4) of the Oklahoma Statutes sets the commissioner's annual salary equal to that of an associate district judge in a county with a population of over 30,000.[7] The amount of compensation is prescribed by law, pursuant to Article VI, Section 34 of the Oklahoma Constitution:[3]

Each of the officers in this article named shall, at stated times, during his continuance in office, receive for his services a compensation, which shall not be increased or diminished during the term for which he shall have been elected; nor shall he receive to his use, any fees, cost, or perquisites of office or other compensation.

2022

In 2022, the officer's salary was $126,713, according to the Council of State Governments.[8]

2021

In 2021, the commissioner received a salary of $126,713, according to the Council of State Governments.[9]

2020

In 2020, the insurance commissioner received a salary of $126,713, according to the Council of State Governments.[10]

2019

In 2019, the insurance commissioner received a salary of $126,713, according to the Council of State Governments.[11]

2018

In 2018, the insurance commissioner received a salary of $126,713, according to the Council of State Governments.[12]

2017

In 2017, the insurance commissioner received a salary of $126,713, according to the Council of State Governments.[13]

2016

In 2016, the insurance commissioner received a salary of $126,713, according to the Council of State Governments.[14]

2015

In 2015, the insurance commissioner received a salary of $126,713, according to the Council of State Governments.[15]

2014

In 2014, the commissioner of insurance was paid an estimated $126,713, according to the Council of State Governments.[16]

2013

In 2013, the commissioner of insurance was paid an estimated $126,713, according to the Council of State Governments.[17]

2010

In 2010, the commissioner of insurance was paid an estimated $126,713, according to the Council of State Governments.[18]

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Oklahoma Commissioner of Insurance has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Recent news

The link below is to the most recent stories in a Google news search for the terms Oklahoma Commissioner of Insurance. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.

Contact information

Oklahoma Insurance Department
400 NE 50th Street
Oklahoma City, OK 73105

Phone: (405) 521-2828
Toll Free: (800) 522-0071
Fax: (405) 521-6635

See also

Oklahoma State Executive Elections News and Analysis
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Oklahoma State Executive Offices
Oklahoma State Legislature
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External links

Footnotes

  1. Oklahoma Insurance Department, "About OID," accessed January 27, 2021
  2. Oklahoma Insurance Department, "Meet the Commissioner," accessed January 27, 2021
  3. 3.0 3.1 3.2 3.3 Oklahoma State Legislature, "Oklahoma Constitution," accessed January 27, 2021
  4. 4.0 4.1 Oklahoma Code, "§36 302: Insurance Commissioner," accessed September 28, 2011
  5. Oklahoma Insurance Division, "Divisions and Programs," accessed January 27, 2021
  6. Oklahoma.gov, "FY 2024 Executive Budget," accessed December 11, 2023
  7. Oklahoma State Courts Network, "Oklahoma Statutes, §74-250.4," accessed January 27, 2021
  8. Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
  9. Issuu, "The Book of the States 2021," accessed September 28, 2022
  10. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2020," accessed January 27, 2021
  11. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2019," accessed January 27, 2021
  12. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2018," accessed January 27, 2021
  13. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2017," accessed January 27, 2021
  14. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed January 27, 2021
  15. Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed January 27, 2021
  16. Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed January 27, 2021
  17. Council of State Governments, "Selected State Administrative Officials: Annual Salaries," January 27, 2021
  18. The Council of State Governments, "The Book of States 2010 Table 4.11," accessed January 27, 2021