Federal and state law prohibit any individual convicted of a felony of dishonesty or breach of trust from engaging in the business of insurance.
[18 U.S.C. § 1033 and 1034; and 36 O.S. § 402 (B)]
For specific questions regarding crimes involving dishonesty or breach of trust, or if you need assistance in determining if a conviction qualifies as such, please contact the OID’s Legal Division at (405)521-2746.
Pursuant to 36 O.S. § 402 (B), Resident Individuals & Individuals designating Oklahoma as their home state, who have been convicted of crimes involving dishonesty or breach of trust may only engage in the business of insurance in the State of Oklahoma with the written consent of the Insurance Commissioner. Non-Resident Individuals must obtain a 1033 waiver from their resident state.
Any potential licensure candidate that would like to apply for such written consent must complete the above application and submit by mail or in person to the following address:
Oklahoma Insurance Department
Attn: Licensing Division 1033 Review
400 NE 50th St.
Oklahoma City, OK 73105
The Oklahoma 1033 Review Committee reviews applications in the order upon which they’re received. The Committee will either approve or deny the 1033 Waiver application. Once their decision has been reached, the potential licensure candidate will be notified by mail.
If approved, the candidate may proceed in taking the exam(s). Upon passing the exam(s), the candidate may apply for licensure in Oklahoma.