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

Aug 3, 2026
Recent Posts

Adams, Sneed to Study Rising Homeowners Insurance Costs

OKLAHOMA CITY – Reps. Stacy Jo Adams, R-Duncan, and Chris Sneed, R-Fort Gibson, will lead an interim study examining the factors contributing to rising homeowners' insurance costs in Oklahoma. The lawmakers will bring together insurance professionals, contractors, builders, real estate professionals, adjusters, consumer advocates and homeowners to better understand why Oklahoma consistently ranks among the states with the highest homeowner's insurance premiums. "This issue hits close to home for me in more than one way," Adams said. "As a customer-facing insurance agent and a state representative, I hear the frustration across the desk and across the district. I see customers opening their renewal notices and wondering why their homeowner's insurance premiums have increased again. I also hear from constituents who simply want to know why it costs so much to protect the homes they’ve worked so hard to build. I want answers too." The study will examine property values, construction materials, labor expenses and severe weather losses. Adams and Sneed also plan to consider the cost of replacing roofs through insurance claims compared with similar work during new construction. "Our plan for this study is to dig into the costs that may not be as obvious," Sneed said. "We know property values have increased significantly, building materials and labor cost more and we know storms seem to love Oklahoma. There has to be additional factors driving these prices, and we intend to cover all our bases." Additional topics will include litigation and legal expenses, reinsurance, building codes, fraud and regulatory requirements. "We are approaching this study without a predetermined conclusion," Adams said. "Some factors may be outside Oklahoma’s control, while others may present opportunities for reform. Our goal is to follow the data, separate fact from assumption and identify practical solutions that could make a difference for Oklahoma families." The interim study period begins Monday, Aug. 3, and ends Friday, Oct. 30. Interim studies allow lawmakers to examine policy issues in greater detail outside the regular legislative session. The date and meeting details for the study will be announced at a later date.

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.