Associated Industries of Oklahoma v. State Insurance Board

The matter originated with the filing with said board of a revised schedule of rates for workmen’s compensation insurance in the state, May 19, 1931. The revised schedule amounted to an average increase of approximately 57.9 per cent, over the rates theretofore obtaining.

Our statutes provide that the State Insurance Board shall have supervision and authority over such insurance rates (section 10533) and provide for the filing of such schedule of rates by or for insurance companies operating in the state (section 10534), with specific authority in said board to pass upon such rates, and to…