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Section 656.403 – Obligations of self-insured employer.

(1) A self-insured employer directly assumes the responsibility for providing compensation due subject workers and their beneficiaries under this chapter. (2) The claims of subject workers and their beneficiaries resulting from injuries while employed by a self-insured employer shall be handled in the manner provided by this chapter. A self-insured employer is subject to the […]

Section 656.407 – Qualifications of insured employers.

(1) An employer shall establish proof with the Director of the Department of Consumer and Business Services that the employer is qualified either: (a) As a carrier-insured employer by causing proof of coverage provided by an insurer to be filed with the director; or (b) As a self-insured employer by establishing proof that the employer […]

Section 656.419 – Workers’ compensation insurance contracts.

(1) A workers’ compensation insurance policy issued by an insurer under this section shall provide that the insurer agrees to assume, without monetary limit, the liability of the employer, arising during the period the policy is in effect, for prompt payment of all compensation for compensable injuries that may become due under this chapter to […]

Section 656.423 – Cancellation of coverage by employer; notice required.

(1) An insured employer may cancel coverage with the insurer by giving the insurer at least 30 days’ written notice, unless a shorter period is permitted by subsection (3) of this section. (2) Cancellation of coverage is effective at 12 midnight 30 days after the date the cancellation notice is received by an authorized representative […]

Section 656.440 – Notice of certificate revocation; appeal; effective date.

(1) Before revocation of certification under ORS 656.434 becomes effective, the Director of the Department of Consumer and Business Services shall give the employer notice that the certification will be revoked stating the grounds for the revocation. The notice shall be served on the employer in the manner provided by ORS 656.427 (4). The revocation […]

Section 656.441 – Advancement of funds from Workers’ Benefit Fund for compensation due workers insured by certain decertified self-insured employer groups.

(1) Notwithstanding ORS 656.605, if a self-insured employer group is decertified no later than September 15, 2014, the Director of the Department of Consumer and Business Services may advance funds from the Workers’ Benefit Fund to injured workers who have not received payment of compensation due after the common claims fund and securities deposited with […]