In a special February 11 notice, the Oklahoma Insurance Department has confirmed that the National Association of Insurance Commissioners’ (NAIC) 2025 amendments to the Valuation Manual are effective in Oklahoma as of January 1, 2026, following the underlying Order Adopting 2025 Valuation Manual issued by Oklahoma Insurance Commissioner Glen Mulready on December 4, 2025.
Within Oklahoma, the notice is directed to all life and accident and health insurers; it does not reference brokers, managing general agents, underwriters, or other intermediaries directly, nor does it specify additional phased implementation dates, transitional measures, or operational requirements beyond the effective date of January 1, 2026. The Oklahoma Insurance Department indicates that companies with questions regarding the notice should direct them to their assigned financial analyst, and no further implementation guidance or compliance detail is provided in the February notice itself.
The notice states that the NAIC adopted the 2025 amendments to the Valuation Manual on August 15, 2024, following a vote in which 50 of the NAIC’s 55 members approved the changes, meeting the requirement that at least three‑fourths of members vote in favor and not less than a majority of the total membership, with member states representing 97.81% of applicable premiums written voting to adopt the change. According to the Oklahoma Insurance Department, these adopted changes to the Valuation Manual became effective in Oklahoma on January 1, 2026, and the 2025 revisions were formally adopted in the state by Commissioner Mulready’s December 4, 2025 order, which is available on the department’s website.
