Okla. Stat. tit. 36, § 36-985.1: Regulation of rates in market without competition

A. If the Commissioner determines that competition does not

exist in a market and issues a ruling to that effect pursuant to

Section 984 of Title 36 of the Oklahoma Statutes, the rates

applicable to insurance sold in that market shall be regulated in

accordance with the provisions of Sections 985 through 989 of Title

36 of the Oklahoma Statutes that are applicable to noncompetitive

markets.

B. Any rate in effect at the time the Commissioner determines

that competition does not exist pursuant to Section 984 of Title 36

of the Oklahoma Statutes shall be deemed to be in compliance with

the laws of this state unless disapproved pursuant to the procedures

and rating standards contained in Sections 985 through 989 of Title

36 of the Oklahoma Statutes that are applicable to noncompetitive

markets.

C. Any insurer having a rate filing in effect at the time the

Commissioner determines that competition does not exist pursuant to

Section 984 of Title 36 of the Oklahoma Statutes may be required to

furnish supporting information within thirty (30) days of a written

request by the Commissioner.