Federal and state law prohibit any individual convicted of a felony of dishonesty or breach of trust from engaging in the business of insurance.
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. Nonresident 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
Upon receipt the application for consent will be reviewed by the Oklahoma 1033 Review Committee. Approval or denial of 1033 consent will be sent to the potential licensee by mail, once a decision has been reached. If approved the candidate can then examine and apply for licensure in Oklahoma.