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Section 731.026 - Application of Insurance Code to particular insurers. - (1) A fraternal benefit society complying with ORS chapter 748,...
Section 731.028 - Applicability of certain Insurance Code provisions to State Accident Insurance Fund Corporation. - (a) The requirements of the Director of the Department of...
Section 731.036 - Persons completely exempt from application of Insurance Code. - (1) A bail bondsman, other than a corporate surety and...
Section 731.038 - Application of Insurance Code to charitable organizations that issue charitable gift annuities. - (a) "Charitable gift annuity" has the meaning given that term...
Section 731.039 - Requirements for certain educational institutions or nonprofit corporations issuing charitable gift annuities. - Note: 731.039 was enacted into law by the Legislative Assembly...
Section 731.042 - Certificate of exemption; application of certain Insurance Code provisions to exempt insurers. - (2) In order to continue a certificate of exemption, an...
Section 731.066 - "Authorized," "unauthorized" insurer. - (2) An "unauthorized" insurer is one not so authorized. [1967...
Section 731.069 - "Certificate," "certificate holder." - (2) "Certificate holder" means an employee or member of a...
Section 731.072 - "Certificate of authority," "license." - (2) A "license" is authority granted by the director pursuant...
Section 731.074 - "Commercial liability insurance." - (2) "Commercial liability insurance" does not include the following lines...
Section 731.075 - "Covered life." - Note: 731.075 was added to and made a part of...
Section 731.076 - "Department," "director." - (2) "Director" means the Director of the Department of Consumer...
Section 731.082 - "Domestic," "foreign," "alien" insurer. - (2) "Foreign insurer" means an insurer formed under the laws...
Section 731.092 - "Domicile." - (1) As to insurers formed under the laws of Canada...
Section 731.096 - "Domicile of alien insurer." - (a) The state in which the insurer was first authorized...
Section 731.097 - "Essential health benefits." - (1) Ambulatory patient services. (2) Emergency services. (3) Hospitalization. (4)...
Section 731.098 - "Group health insurance." - (1) Under a policy issued to an employer or trustees...
Section 731.099 - "Independently procured insurance." - Note: 731.099 was added to and made a part of...
Section 731.102 - "Insurance." - (2) "Insurance" so defined includes annuities. (3) "Insurance" so defined...
Section 731.104 - "Insurance producer." - (1) "Negotiate" means to confer directly with or to offer...
Section 731.114 - "Limited benefit coverage." - (1) Health insurance that provides: (a) Coverage for accident only,...
Section 731.142 - "Stock," "mutual" and "reciprocal" insurer. - (2) "Mutual insurer" means an incorporated insurer without capital stock...
Section 731.144 - "Surplus lines insurance." - Note: 731.144 was added to and made a part of...
Section 731.146 - "Transact insurance." - (a) Making or proposing to make an insurance contract. (b)...
Section 731.154 - "Annuity." - (2) "Annuity" does not include a charitable remainder annuity trust...
Section 731.158 - "Casualty insurance." - (1) Insurance against legal, contractual or assumed liability for death,...
Section 731.164 - "Home protection insurance," "home protection insurer." - (b)(A) "Home protection insurance" does not include a home service...
Section 731.170 - "Life insurance"; includes annuities. - (2) For convenience, reference to "life insurance" in the Insurance...
Section 731.174 - "Marine and transportation insurance." - (1) Insurance against any and all kinds of loss of...
Section 731.178 - "Mortgage insurance." - (1) Nonpayment of principal, interest and other sums agreed to...
Section 731.194 - "Wet marine and transportation insurance." - (1) Insurance upon vessels, crafts, hulls and of interests therein...
Section 731.216 - Administrative power of director. - (1) Contract for and procure, on a fee or part-time...
Section 731.228 - Prohibited interests and rewards. - (a) Be a director, officer, or employee of or be...
Section 731.232 - Subpoena power. - (2) If a person fails to comply with a subpoena...
Section 731.236 - General powers and duties. - (2) The director has the powers and authority expressly conferred...
Section 731.240 - Hearings in general. - (2) To the extent applicable and not inconsistent with subsection...
Section 731.248 - Orders. - (2) Every such order shall state: (a) Its effective date;...
Section 731.252 - Cease and desist orders. - (2) No order of the director under this section or...
Section 731.256 - Enforcement generally; restitution. - (2) As part of or in addition to any action...
Section 731.258 - Enforcement of orders and decisions by Attorney General; filing, enforcement and effect of foreign decrees. - (2) As used in this section: (a) "Reciprocal state" means...
Section 731.259 - Requirement for written notice to insured; rules. - (a) Enrollment periods. (b) The termination of coverage. (c) The...
Section 731.264 - Complaints and investigations confidential; permitted disclosures; rules. - (2) Data gathered pursuant to an investigation by the director...
Section 731.268 - Use of reproductions and certified copies as evidence; fee. - (2) Upon request of any person and payment of the...
Section 731.272 - Director’s annual reports; notice of publication of report. - (a) In condensed form statements made to the director by...
Section 731.280 - Publications authorized. - (1) Pamphlet or booklet copies of the insurance laws of...
Section 731.284 - Distribution of insurance laws. - (1) Authorized insurers and licensed rating organizations; (2) Insurance departments...
Section 731.292 - Disposition of fees, charges, taxes, penalties and other moneys. - (2) All taxes and penalties paid pursuant to the Insurance...
Section 731.300 - Examination of insurers; when required. - (2) Instead of conducting an examination of an authorized foreign...
Section 731.302 - Appointment of examiners; retaining of appraisers, actuaries and others; evidentiary status of facts and conclusions. - (2) When making an examination, the director may retain appraisers,...
Section 731.304 - Investigation of persons transacting insurance. - (1) Transacting insurance in this state; (2) Organizing or receiving...
Section 731.308 - Procedure at examination or investigation; production of books and other records. - (2) Every person being examined or investigated shall produce all...
Section 731.312 - Report of examination; review by person examined; hearing; confidentiality of certain information and documents; permitted disclosures. - (2) The director shall make a copy of the report...
Section 731.314 - Immunity for director, examiner and others. - (2) No cause of action may arise and no liability...
Section 731.324 - Service of process on Secretary of State; notice to unauthorized insurer. - (2) Service of process in such action shall be made...
Section 731.328 - Deposits by unauthorized insurers in actions or proceedings. - (2) The director, in any administrative proceeding in which service...
Section 731.362 - Requirements of foreign or alien insurers generally. - (a) It shall file with the Director of the Department...
Section 731.363 - Authorized foreign insurer becoming domestic insurer. - (a) By complying with all of the requirements of law...
Section 731.365 - Effect of transfer of domicile by domestic or foreign insurer; notice to director by transferring insurer. - (2) All outstanding policies of a transferring insurer shall remain...
Section 731.369 - Requirements of reciprocal insurers generally. - (a) The name or title of the reciprocal insurer. (b)...
Section 731.370 - Reciprocal insurer’s financial statement; service of process. - (2) Concurrently with the filing of the declaration provided for...
Section 731.371 - Powers of reciprocal insurer regarding real estate. - Note: 731.371 was added to and made a part of...
Section 731.374 - Exemptions to certificate of authority requirement. - (1) Transactions pursuant to surplus lines coverages lawfully written under...
Section 731.380 - Authority of foreign and alien insurers to take, acquire, hold and enforce notes secured by mortgages; statement; fees. - (2) Before a foreign or alien insurer engages in any...
Section 731.385 - Standards for determining whether continued operation of insurer is hazardous; rules; order; hearing. - (a) Reduce the total amount of present and potential liability...
Section 731.386 - Management of insurers. - (1) The management of which is found by the director...
Section 731.394 - Combinations of insuring powers in one insurer. - (1) A reciprocal insurer shall not transact life insurance or...
Section 731.396 - Certificate of authority and good financial condition required to issue variable life insurance or variable annuity policies. - (1) The history and financial condition of the insurer; (2)...
Section 731.402 - Issuance or refusal of certificate of authority. - (2) The director shall take all necessary action and shall...
Section 731.406 - What certificate evidences; ownership of certificate. - (2) Although issued to the insurer the certificate of authority...
Section 731.410 - Continuance, expiration or reinstatement of certificate of authority. - (a) Payment prior to April 1 of the continuation fee...
Section 731.414 - Suspension or revocation of certificate of authority; mandatory grounds. - (a) As a foreign insurer, it no longer meets the...
Section 731.418 - Grounds for suspension or revocation of certificate of authority. - (a) The insurer has violated or failed to comply with...
Section 731.422 - Order of suspension, revocation or refusal; effect upon insurance producers’ authority. - (2) Upon suspending, revoking or refusing to continue the insurer’s...
Section 731.426 - Duration of suspension; insurer’s obligations during suspension period; reinstatement. - (2) During the suspension period the insurer shall not solicit...
Section 731.428 - Written consent to engage or participate in business of insurance; rules. - (2) The director shall establish by rule a procedure and...
Section 731.430 - Name of insurer. - (a) That is the same as or deceptively similar to:...
Section 731.434 - Registered office and agent. - (2) This section shall not apply to insurers for whom...
Section 731.438 - Title plant requirement for title insurers; posting of indexes; plant ownership and maintenance. - (2) The means by which tract or geographic indexes may...
Section 731.458 - Exchange of reciprocal or interinsurance contracts. - (2) Any corporation now or hereafter organized under the laws...
Section 731.466 - Power of attorney for reciprocal insurer. - (2) The power of attorney must set forth: (a) The...
Section 731.470 - Attorney for reciprocal insurer. - (2) The certificate of authority of a reciprocal insurer shall...
Section 731.475 - Claims processing by workers’ compensation insurer; permission for remote claims processing; availability and disposition of claims records; auditing and examinations by director; rules. - (A) Process claims and make available complete records of claims...
Section 731.482 - Withdrawal from, failure to renew or cancellation of line by commercial liability insurer. - (2) Justification for withdrawal, failure to renew or cancellation may...
Section 731.484 - Prohibition on certain sales related to group health and group life insurance. - (2) No insurer or insurance producer selling membership in a...
Section 731.485 - Conditions under which insurer may limit insured’s choice of drug outlets and pharmacies. - (a) The date after which offers will not be considered....
Section 731.486 - Exemption from definition of "transact insurance" for group health and life policies; master group health and life insurance coverage; rules. - (2) The insurer shall submit evidence to the director that...
Section 731.488 - Annual audit of insurer; rules. - (a) The financial position of the insurer as of the...
Section 731.492 - Required notification to claimant upon insurer’s payment to settle third-party liability claim; required contents of notification. - (A) The claimant is a natural person; (B) The insurer...
Section 731.504 - Limit of risk. - (2) For purposes of this section, aggregate insurance is insurance...
Section 731.508 - Approved reinsurance. - (2) Except as provided in ORS 731.512, 732.517 to 732.546...
Section 731.509 - Legislative intent; criteria for allowing credit for reinsurance; rules. - (2) The Director of the Department of Consumer and Business...
Section 731.510 - Criteria for allowing reduction from liability for reinsurance; rules. - (a) Is held in the United States subject to withdrawal...
Section 731.511 - Criteria to be met by assuming insurer in order to be accredited as reinsurer; rules. - (a) Files and maintains with the Director of the Department...
Section 731.512 - Withdrawal of insurer; reinsurance. - (2) The director may waive this requirement if the director...
Section 731.514 - Ceding insurer’s management of reinsurance recoverables; requirement to diversify reinsurance program. - (2) A ceding insurer shall diversify the ceding insurer’s reinsurance...
Section 731.516 - Mortgage insurance limitation; waiver of limitation; rules; fees. - (2) Except as provided in subsection (3) of this section,...
Section 731.520 - Conditions that insurers assuming ceded reinsurance must meet for allowance of credit; list of reciprocal jurisdictions; list of qualifying assuming insurers; rules. - (a) The assuming insurer must be licensed in a reciprocal...
Section 731.554 - Capital and surplus requirements. - (2) An insurer transacting any workers’ compensation insurance business shall...
Section 731.574 - Annual financial statement. - (2) The financial statement filed by an insurer under subsection...
Section 731.590 - "Insurer" defined for ORS 731.592 and 731.594. - (1) An insurer, as defined in ORS 731.106. (2) A...
Section 731.592 - Reporting criminal conduct involving insurance. - (2) If an insurer has reason to believe that criminal...
Section 731.604 - Acceptance of deposits of insurers. - (1) Deposits required or permitted under the Insurance Code. (2)...
Section 731.608 - Purpose of deposit. - (2) If at any time a deposit made under ORS...
Section 731.612 - Rights of insurer regarding deposits. - (1) Demand, receive, sue for and recover the income from...
Section 731.616 - Valuation of deposits; deficiencies. - (2) If assets deposited by an insurer are subject to...
Section 731.620 - Assignment of deposited securities. - (2) Upon release to the insurer, or other person entitled...
Section 731.624 - Special deposits; foreign and alien insurers. - (1) Foreign or alien insurers transacting surety insurance in this...
Section 731.628 - Deposit required of workers’ compensation insurers. - (a) $100,000. (b) An amount equal to the sum described...
Section 731.636 - Deposit or trusteed assets of alien insurer required. - (a) The amount of its outstanding liabilities arising out of...
Section 731.640 - Eligible deposits; rules. - (a) Cash. (b) Amply secured obligations of the United States,...
Section 731.644 - Payment of losses out of deposits, generally. - (2) As to deposits made in this state pursuant to...
Section 731.648 - Duration and release of deposit. - (a) If the deposit was required under ORS 731.854, the...
Section 731.652 - Proofs for release of deposit to insurers; director’s responsibility. - (2) If release of the deposit is claimed by the...
Section 731.730 - Insurer filings with National Association of Insurance Commissioners. - (2) A foreign insurer that is domiciled in a state...
Section 731.731 - Immunity for certain persons dealing with information collected from filings under ORS 731.730. - (1) Members of the National Association of Insurance Commissioners and...
Section 731.737 - Immunity from liability for certain persons filing reports or furnishing information about specified activities to specified persons. - (a) Law enforcement officials and their agents and employees. (b)...
Section 731.750 - Confidentiality of report of material acquisitions or dispositions of assets, material nonrenewals, cancellations and revisions of ceded reinsurance agreements. - (2) The director may direct the insurer to furnish copies...
Section 731.752 - Confidentiality of report used for determination of required amount of capital or surplus; confidentiality of financial plan of action and report of examination connected with plan. - (2) A financial plan of action stating corrective actions to...
Section 731.754 - Permissible uses of reports and plans described in ORS 731.752. - (a) Reports and financial plans of action that are made...
Section 731.760 - Definitions for ORS 731.760 to 731.770. - (1) "Insurance compliance audit" means a voluntary internal evaluation, review,...
Section 731.761 - Privileged information. - (2) Except as provided in ORS 731.760 to 731.770, any...
Section 731.762 - Authority of director. - (2) Any insurance compliance self-evaluative audit document submitted to the...
Section 731.764 - Waiver of privilege; permitted disclosures. - (2) The privilege set forth in ORS 731.761 does not...
Section 731.766 - Petition for in camera hearing; hearing; compelled disclosure. - (2) A petition filed by an insurer under this section...
Section 731.768 - Privilege; exceptions. - (1) Documents, communications, data, reports or other information expressly required...
Section 731.804 - Assessments; rules; fees; how determined. - (a) Each rate shall be based on such expenses of...
Section 731.820 - Gross premium tax on fire insurance premiums. - (b) For the purpose of paragraph (a) of this subsection...
Section 731.822 - Prepayment of tax due. - (2) The Director of the Department of Consumer and Business...
Section 731.824 - Tax on underwriting profits of wet marine and transportation insurers. - (2) The "underwriting profit," for purposes of this section, is...
Section 731.828 - Computation of wet marine and transportation insurance tax. - (2) Each authorized insurer that has written wet marine and...
Section 731.833 - Record keeping requirements for wet marine and transportation insurance contracts. - (2) A producer shall keep the record described in subsection...
Section 731.834 - Insurance producer’s collection of taxes on wet marine and transportation insurance; report to director; rules. - (2) Each producer of nonadmitted wet marine and transportation insurance...
Section 731.836 - Limitation on enforcement of insurer’s tax obligations. - (1) Five years after the date such taxes were payable...
Section 731.840 - Retaliatory or corporate excise tax in lieu of certain taxes and assessments; certain local taxes prohibited. - (2) Subsection (1) of this section applies to a reciprocal...
Section 731.842 - Adjustment of amount to be prepaid for taxes; extension of time for payment; interest; penalty for late payment. - (2) Interest at the rate of two-thirds of one percent...
Section 731.854 - Retaliatory tax. - (2) Foreign reciprocal or interinsurance exchanges filing a consolidated return...
Section 731.859 - Applicability of retaliatory provisions; disclosure of tax returns. - (a) Determine and report to the Director of the Department...
Section 731.870 - State of emergency; effect upon insurance policies; rules. - (a) Reporting requirements for claims; (b) Grace periods for payment...
Section 731.988 - Civil penalties. - (2) In addition to the civil penalty specified in subsection...
Section 731.992 - Criminal penalty. - (2) A violation of a provision of ORS 732.517 to...