Okla. Stat. tit. 36, § 36-996: Assigned risks

Assigned Risks. A. Agreements may be made among insurers with

respect to the equitable apportionment among them of costs for

insurance which may be afforded applicants who are in good faith

entitled to, but who are unable to procure, such insurance through

ordinary methods, and such insurers may agree among themselves on

the use of reasonable rate modifications for such insurance, such

agreements and rate modifications to be subject to the approval of

the Insurance Commissioner.

B. The Oklahoma Automobile Insurance Plan is authorized to

issue policies of insurance in the name of the plan for the

applicants described in subsection A of this section and to act on

behalf of all participating members in connection with the policies.

The policies shall be considered proof of financial responsibility

in accordance with Section 7-600 of the Highway Safety Code.

C. The participating members shall be liable to the plan for

all costs, expenses and liabilities in proportion to its share of

voluntary market premium for the types of policies written under the

plan in this state.

D. The plan shall file an annual audited financial statement

with the Commissioner.

E. The Commissioner is authorized to establish rules and

regulations required to implement the purposes of this section.