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Section 737.007 – “Rating organization” defined.

(1) As used in this chapter, unless the context requires otherwise, “rating organization” means: (a) Every person, other than an insurer, whether located within or outside this state who has as the person’s object or purpose the making of rates, rating plans or rating systems; or (b) Two or more insurers which act in concert […]

Section 737.012 – “Advisory organization” defined.

As used in this chapter, unless the context requires otherwise, “advisory organization” means every group, association or other organization of insurers, whether located within or outside this state, which assists authorized insurers which make their own filings or licensed rating organizations in rate making, by the collection and furnishing of loss or expense statistics or […]

Section 737.017 – “Member,” “subscriber” defined.

As used in this chapter, unless the context requires otherwise: (1) “Member” means: (a) An insurer that participates in or is entitled to participate in the management of a rating, advisory or other organization; or (b) For purposes of workers’ compensation insurance, an insurer that is affiliated or associated with a rating, advisory or other […]

Section 737.025 – Purpose, intent of chapter.

(1) The purpose of this chapter is to promote the public welfare by regulating insurance rates to the end that they shall not be excessive, inadequate or unfairly discriminatory and to authorize cooperation between insurers in rate making and other related matters. (2) It is the express intent of this chapter to permit and encourage […]

Section 737.035 – Application of chapter.

This chapter applies to all forms of insurance on risks or operations in this state, except: (1) Reinsurance, other than joint reinsurance to the extent stated in ORS 737.390; (2) Insurance against loss of, or damage to, aircraft, including accessories and equipment, or against liability arising out of ownership, maintenance or use of aircraft; (3) […]

Section 737.045 – Remedies of director for violations of chapter.

(1) If the Director of the Department of Consumer and Business Services has reason to believe that a rate, rating plan or rating system filed or used by an insurer or filed by a rating or advisory organization on behalf of an insurer does not comply with the requirements and standards of this chapter, the […]