Okla. Stat. tit. 36, § 36-901.1: Purposes of act

A. The purposes of this act are:

1. To promote the public welfare by regulating insurance rates

to the end that they shall not be excessive, inadequate or unfairly

discriminatory;

2. To improve availability, fairness and reliability of

insurance and insurance rates;

3. To authorize essential cooperative action among insurers in

the ratemaking process and to regulate such activity to prevent

practices that tend to substantially lessen competition or to create

a monopoly;

4. To encourage the most efficient and economic marketing

practices; and

5. To encourage the providing of price and other information to

enable consumers to purchase insurance suitable for their needs and

to foster competitive insurance markets.

B. This act shall be liberally construed to effectuate its

purposes.