{"id":23660,"date":"2025-06-13T14:06:52","date_gmt":"2025-06-13T14:06:52","guid":{"rendered":"https:\/\/www.insurancejournal.com\/?p=827533"},"modified":"2025-06-13T14:06:52","modified_gmt":"2025-06-13T14:06:52","slug":"new-oklahoma-law-limits-post-loss-assignment-of-benefits-on-property-damage","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2025\/06\/13\/new-oklahoma-law-limits-post-loss-assignment-of-benefits-on-property-damage\/","title":{"rendered":"New Oklahoma Law Limits Post-Loss Assignment of Benefits on Property Damage"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/www.insurancejournal.com\/app\/uploads\/2025\/05\/Worker.on_.roof_.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<ul class=\"nav nav-tabs tabs tabs-entry\">\n<li class=\"active\"><a href=\"https:\/\/www.insurancejournal.com\/news\/southcentral\/2025\/06\/13\/827533.htm\">Article<\/a><\/li>\n<li><a href=\"https:\/\/www.insurancejournal.com\/news\/southcentral\/2025\/06\/13\/827533.htm?comments\" rel=\"nofollow\">0 Comments<\/a><\/li>\n<\/ul>\n<div class=\"article-content clearfix\">\n<p>Oklahoma lawmakers this legislative session passed a bill limiting post-loss assignment of benefits for property damage under auto, residential or commercial property insurance policies.<\/p>\n<p>House Bill 1084 prohibits the solicitation or acceptance of an assignment of any post-loss insurance benefit related to property damage under an auto collision or comprehensive policy, residential property insurance policy, or commercial property insurance policy.<\/p>\n<div class=\"bzn bzn-sized bzn-intext\">\n<ins data-revive-zoneid=\"79\" data-revive-topics=\"profit-loss,property\" data-revive-companies data-revive-block=\"1\" data-revive-id=\"36eb7c2bd3daa932a43cc2a8ffbed3a9\"><\/ins> <\/div>\n<p>Assignment of benefits is an agreement that transfers the insurance claims rights or benefits of an insurance policy to a third party such as a roofer or plumber.<\/p>\n<p>Rep. Mark Tedford, author of the bill, said such agreements in a post-loss format can lead to inflated costs or legal disputes without the policyholder\u2019s full awareness.<\/p>\n<p>\u201cLimiting these types of agreements helps reduce fraud and unnecessary legal conflict, which ultimately helps lower insurance costs for everyone,\u201d said Tedford. \u201cWhen third parties take control of a claim, it can result in inflated repair costs, excessive litigation and confusion for the policyholder. House Bill 1084 helps restore accountability and ensures Oklahomans remain in control of their own claims.\u201d<\/p>\n<p>The law doesn\u2019t apply to liability coverage under an auto, residential, or commercial property insurance policy.<\/p>\n<p>Violations of the bill are considered unfair or deceptive trade practices under Oklahoma insurance law. Violators will be subject to existing penalties and enforcement mechanisms.<\/p>\n<p>Oklahoma lawmakers voted unanimously in favor of the bill in both the House and Senate. The bill became law on May 29 and will go into effect on Nov. 1.<\/p>\n<p class=\"tagtag\"> <span class=\"tagtag\">Topics<\/span> <a href=\"https:\/\/www.insurancejournal.com\/profit-loss\/\" class=\"btn btn-sm btn-primary tagtag\">Profit Loss<\/a> <a href=\"https:\/\/www.insurancejournal.com\/property\/\" class=\"btn btn-sm btn-primary tagtag\">Property<\/a> <a href=\"https:\/\/www.insurancejournal.com\/location\/oklahoma\/\" class=\"btn btn-sm btn-primary tagtag\">Oklahoma<\/a> <\/p>\n<\/p><\/div>\n<div class=\"article-poll\" data-post=\"827533\">\n<div class=\"article-poll-vote\">\n<p>Was this article valuable?<\/p>\n<\/p><\/div>\n<div class=\"article-poll-feedback voted-no\">\n<form class=\"feedback-form\">\n<p>Thank you! 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Please tell us what you liked about it.<\/p>\n<p> <textarea placeholder=\"Enter your feedback...\"><\/textarea> <button type=\"submit\" class=\"submit\" disabled>Submit<\/button> <button class=\"cancel\">No Thanks<\/button> <\/form>\n<\/p><\/div>\n<div class=\"article-poll-more-articles\">\n<p class=\"thank-you-text\">Here are more articles you may enjoy.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"subscribe-banner subscribe-banner-in-content-2\">\n<div class=\"content\">\n<h4>Interested in <em>Profit Loss<\/em>?<\/h4>\n<p>Get automatic alerts for this topic.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Article 0 Comments Oklahoma lawmakers this legislative session passed a bill limiting post-loss assignment of benefits for property damage under auto, residential or commercial property insurance policies. House Bill 1084 prohibits the solicitation or&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":23661,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1493,1,1494,77],"jetpack_featured_media_url":"https:\/\/blog.lifeinsurance-orleans.ca\/wp-content\/uploads\/2025\/06\/new-oklahoma-law-limits-post-loss-assignment-of-benefits-on-property-damage.jpg","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/23660"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=23660"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/23660\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media\/23661"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=23660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=23660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=23660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}