After having an insurance license revoked, what crime is committed by acting as a licensee in Oklahoma?

When an individual's insurance license is revoked in Oklahoma, and they continue to act as a licensee without a valid license, they are committing a felony. This higher classification of crime reflects the seriousness with which the state views the unauthorized practice of insurance. The law aims to protect consumers and maintain the integrity of the insurance market by ensuring that only qualified, licensed individuals perform these roles.

The revocation of an insurance license typically indicates a significant violation of regulatory standards, and acting as an unlicensed agent after such a revocation not only disregards these standards but also poses risks to the public. Felonious conduct in this context signifies that the defendant could face severe penalties, including substantial fines and imprisonment, which underscores the importance of compliance with licensing laws in the insurance profession.