From staff reports The Oklahoma Insurance Department issued a cease-and-desist order against First Premier Home Warranty Corp. for unauthorized sale of home warranty contracts in this state.
The company was commanded to halt all sales activities in the state immediately.
The OID reported that any entity offering home warranty contracts to Oklahoma consumers must hold proper authorization from the state Insurance Department.
Insurance Commissioner Glen Mulready emphasized the importance of consumer protections. “Oklahoma consumers rely on home warranty companies to provide essential coverage. Our licensing protocols are designed to safeguard consumers and uphold ethical standards. When companies fail to adhere to these standards, we take swift action to protect consumers.”
The OID initiated an investigation following complaints from consumers regarding the sale of unlicensed home warranty plans in Oklahoma.
Consumers are urged to verify the licensing status of any company before purchasing a policy. Suspected instances of fraud should be reported to the OID at (800) 522-0071.