Okla. Stat. tit. 36, § 36-1125

A. Every property and casualty insurance company doing business

in this state, unless otherwise exempted by the domiciliary

commissioner, shall annually submit the opinion of an appointed

actuary entitled “Statement of Actuarial Opinion”. This opinion

shall be filed in accordance with the appropriate NAIC Property and

Casualty Annual Statement Instructions.

B. 1. Every property and casualty insurance company domiciled

in this state that is required to submit a Statement of Actuarial

Opinion shall annually submit an actuarial opinion summary written

by the company’s appointed actuary. This actuarial opinion summary

shall be filed in accordance with the appropriate NAIC Property and

Casualty Annual Statement Instructions and shall be considered as a

document supporting the actuarial opinion required in subsection A

of this section.

2. A company licensed but not domiciled in this state shall

provide the actuarial opinion summary upon request.

C. 1. An actuarial report and underlying workpapers as

required by the appropriate NAIC Property and Casualty Annual

Statement Instructions shall be prepared to support each actuarial

opinion.

2. If the insurance company fails to provide a supporting

actuarial report and/or workpapers at the request of the Insurance

Commissioner or the Commissioner determines that the supporting

actuarial report or workpapers provided by the insurance company are

otherwise unacceptable to the Commissioner, the Commissioner may

engage a qualified actuary at the expense of the company to review

the opinion and the basis for the opinion and prepare the supporting

actuarial report or workpapers.

D. The appointed actuary shall not be liable for damages to any

person, other than the insurance company and the Commissioner, for

any act, error, omission, decision or conduct with respect to the

actuary’s opinion, except in cases of fraud or willful misconduct on

the part of the appointed actuary.