Representative Stacy Jo Adams

R

District 50

Hi, I'm Stacy Jo Adams and I represent the people of Oklahoma's 50th District.

representative

News & Announcements

May 14, 2026
Recent Posts

Adams' Bill Requiring Review Before Insurance Rate Hikes Signed Into Law

OKLAHOMA CITY – Legislation requiring insurance companies to submit proposed rate increases to the Oklahoma Insurance Department for review prior to taking, rather than raising rates first and notifying the state afterward, has been signed into law. House Bill 3781 , authored by Rep. Stacy Jo Adams, R-Duncan, and Sen. Aaron Reinhardt, R-Jenks, changes how property and casualty insurance rate filings are handled in Oklahoma by moving the state from a use-and-file system to a file-and-wait system. Adams says the new law will require insurance rate increases to be publicly posted so Oklahomans can see exactly what changes are being proposed and when. "This is a win for Oklahoma and it will bring transparency to the rate filing system in Oklahoma," Adams said. "No longer will carriers be able to raise rates and notify the Insurance Department after the fact. This new law requires insurance companies to file the new rate and give the insurance commissioner time to review them and request actuarial information. It also gives the commissioner a way to potentially challenge rates that are unreasonably high, discriminatory or unfair." Under the new law, insurers must submit proposed rate changes and supporting information to the Oklahoma Insurance Commissioner before rates can take effect. In competitive markets, filings must be submitted at least 30 days in advance, while filings in noncompetitive markets must be submitted at least 60 days before implementation. The measure also gives the Insurance Commissioner additional authority to review filings and request actuarial data when rates appear excessively high, unfair or discriminatory. If a rate increase affects private passenger automobile, homeowner’s multi-peril or dwelling fire policies, notice of the increase and the overall percentage change must be published on the Oklahoma Insurance Department’s website. Adams said the measure creates a stronger process to oversee that rate increases are supported by data before they impact consumers. "Oklahomans deserve to understand what is driving these insurance increases and to know that rates are based on real data, not just timing or process," Adams said. "This gives the commissioner a way to potentially challenge rates that are unreasonably high, discriminatory or unfair. On top of that, rate increases will now be published publicly. This is a win for Oklahoma consumers." HB3781 takes effect July 1, 2027.

Mar 30, 2026
Recent Posts

Widow Protection Measure Passes House

OKLAHOMA CITY – The Oklahoma House of Representatives has unanimously passed House Bill 3802, authored by Rep. Chris Sneed, R-Fort Gibson, to protect surviving spouses from auto insurance rate increases following the loss of a spouse. House Bill 3802 prohibits insurers from raising motor vehicle liability premiums solely because a deceased spouse is removed from a policy. It also would clarify a change cannot be treated as material change in risk when determining rates.  "Losing a spouse is one of life's deepest heartbreaks. In those moments of grief, families should be met with compassions, not added burdens," said Sneed. "This bill would ensure that insurance companies treat everyone fairly, by honoring their policy and not raising rates simply because they've lost their spouse. It's a small step toward offering stability and dignity during a time when it's needed most."  Insurers may still adjust premiums for legitimate, actuarially supported reasons, but not solely due to the removal of a deceased spouse. Any increase made in violation would be considered void and must be refunded.  Rep. Stacy Jo Adams, R-Duncan, worked closely with Sneed on this bill.  "As a personal lines agent, I’ve sat across the table from widows having to navigate heartbreaking loss," Adams said. "To then see their insurance rates go up, when the risk has actually gone down, just feels wrong. This bill corrects that and restores fairness to the system."  HB3802 passed the House with a 95-0 vote and now moves to the Senate for further consideration, where Sen. Avery Frix, R-Muskogee, is the Senate author.

Mar 27, 2026
Recent Posts

House Passes Adams' Bill Increasing Transparency in Insurance Rates

OKLAHOMA CITY — The Oklahoma House of Representatives passed House Bill 3781 , authored by Rep. Stacy Jo Adams, R-Duncan, a measure that would require insurers to submit proposed rate changes to the Oklahoma Insurance Commissioner at least 60 days before those rates could affect consumers. "As homeowners across Oklahoma continue to face rising insurance costs, Oklahomans are rightfully asking questions," Adams said. "In a competitive market, transparency builds trust, and if rate increases are justified, then showing the work should not be a problem. This bill simply puts sunlight on the process so Oklahomans can have confidence in the system.” HB3781 would change how property and casualty insurance rate filings are handled by moving from a use-and-file system to a file-and-wait system. The commissioner would be required to review the filings within that timeframe or request a one-time 60-day extension if additional review is needed under the measure. Any rates determined to be excessive for the coverage provided would be subject to disapproval. The measure also directs the commissioner to halt any insurance practices deemed unfair or unreasonable. "This bill does not set prices, and it does not interfere with the free market," Adams said. "Insurance companies will still be able to charge rates that are actuarially sound and justified by risk. What this bill does is bring transparency to the process." Currently, insurers can implement rate increases and notify the Oklahoma Insurance Department afterward. Adams said the proposed change ensures rate adjustments are reviewed and supported by data before affecting consumers. "Oklahomans deserve to understand what is driving these insurance increases and to know that rates are based on real data, not just timing or process," Adams said. In addition to modifying the rate filing process, the bill repeals existing statutes related to market competitiveness and regulatory standards, allowing for a more consistent and transparent framework moving forward. "I believe in a strong, competitive insurance market," Adams added. "But I also believe in fairness and accountability. House Bill 3781 strikes that balance and helps protect Oklahoma families while maintaining a healthy marketplace." HB3781 passed the House with strong bipartisan support and is now eligible for consideration in the Senate, where it will be carried by Sen. Aaron Reinhardt, R-Jenks.