Okla. Insurance Department Awards License Testing Contract to PSI

Oklahoma Insurance Commissioner Kim Holland announced that Psychological Services Inc. (PSI) would be administering insurance license testing for the state of Oklahoma effective May 1, 2007.

“This new contract means lower test costs and more locations for the Oklahoma insurance industry,” said Holland. “We continue to improve our licensure process to ensure that we have highly qualified producers and adjusters serving our state.”

PSI was awarded a twelve month contract and will operate a minimum of four testing sites throughout the state. One will be located in both Oklahoma City and Tulsa. Additional test sites will be located in McAlester and Woodward. In addition, PSI has examination centers across the United States that will be available to Oklahoma insurance professionals.

PSI will facilitate approximately 2,600 annual exams. The new contract allows producers and adjusters to take exams at the following reduced rates: Producers exam $35, single line adjuster’s exam $20 and multiple lines adjuster’s exam $35. The department’s current test vendor – Promissor – will continue to administer license testing until April 30 at their current locations, said Holland.

More information, including test locations, can be found on the department’s Web site: www.oid.state.ok.us.

Source: Oklahoma Department of Insurance