Section 742.710 – Exemptions from provisions of ORS 742.700 to 742.708.
(1) ORS 742.700 to 742.708 do not apply to: (a) Any commercial liability insurance policy that has not been previously renewed if the policy has been in effect less than 60 days at the time notice of cancellation is mailed or otherwise delivered. (b) Any policy subject to the provisions of ORS 742.560 to 742.572. […]
Section 742.558 – Dispute resolution process for total loss vehicles.
(1) An insurer shall pay the insured or third-party owner of a motor vehicle the amount of the motor vehicle’s value that is not in dispute if the insurer declares the motor vehicle a total loss and the insurer and the insured or third-party owner are unable to agree on the value of the motor […]
Section 742.704 – Hearing.
Within 30 days after receiving a notice of cancellation under ORS 742.702, an insured may request a hearing before the Director of the Department of Consumer and Business Services. The purpose of this hearing shall be limited to establishing the existence of the proof or evidence given by the insurer in its notice of cancellation. […]
Section 742.560 – Definitions for ORS 742.560 to 742.572.
As used in ORS 742.560 to 742.572: (1) “Cancellation” means termination of coverage by an insurer, other than termination at the request of the insured, during a policy period. (2) “Expiration” means termination of coverage by reason of the policy having reached the end of the term for which it was issued or the end […]
Section 742.706 – Renewal; nonrenewal.
(1) If an insurer offers or purports to renew a commercial liability policy, but on terms less favorable to the insured or at higher rates, the new terms or rates may take effect on the renewal date, if the insurer provides the insured, and the insurance producer if any, 45 days’ written notice. If the […]
Section 742.562 – Grounds for cancellation of policies; notice required; applicability.
(1) A notice of cancellation of a policy shall be effective only if it is based on one or more of the following reasons: (a) Nonpayment of premium. (b) Fraud or material misrepresentation affecting the policy or in the presentation of a claim thereunder, or violation of any of the terms or conditions of the […]
Section 742.708 – Proof of receipt of notice.
A post office certificate of mailing to the named insured at the named insured’s last-known address shall constitute conclusive proof that the named insured received the notice of cancellation or nonrenewal on the third calendar day after the date of the certificate of mailing. [Formerly 743.948]
Section 742.564 – Manner of giving cancellation notice.
(1) No notice of cancellation of a policy to which ORS 742.562 applies shall be effective unless mailed or delivered by the insurer to the named insured at least 30 days prior to the effective date of cancellation and accompanied by a statement of the reason or reasons for cancellation, provided, however, that where cancellation […]
Section 742.566 – Renewal of policies; replacement policy in lieu of renewal; requirements for refusal to renew.
(1) An insurer shall offer renewal of a policy to an insured, contingent upon payment of premium as stated in the offer, unless the insurer mails or delivers to the named insured, at the address shown in the policy, at least 30 days’ advance notice of nonrenewal. The notice must contain or be accompanied by […]
Section 742.568 – Proof of cancellation, replacement or nonrenewal notice.
Proof of mailing notice of cancellation, notice of replacement, notice of intention not to renew or notice of reasons for cancellation, to the named insured at the address shown in the policy, is sufficient proof of notice. [Formerly 743.920; 2017 c.250 §2]