Section 746.600 – Definitions for ORS 746.600 to 746.690.
As used in ORS 746.600 to 746.690: (1)(a) “Adverse underwriting decision” means any of the following actions with respect to insurance transactions involving insurance coverage that is individually underwritten: (A) A declination of insurance coverage. (B) A termination of insurance coverage. (C) Failure of an insurance producer to apply for insurance coverage with a specific […]
Section 746.645 – Correction, amendment or deletion of recorded personal information.
(1) Within 30 business days from the date of receipt of a written request from an individual to correct, amend or delete any recorded personal information about the individual within its possession, an insurer, insurance producer or insurance-support organization shall either: (a) Correct, amend or delete the portion of the recorded personal information in dispute; […]
Section 746.605 – Purpose.
The purpose of ORS 746.600 to 746.690 is to: (1) Establish standards for the collection, use and disclosure of personal information gathered in connection with insurance transactions by insurers, insurance producers or insurance-support organizations; (2) Maintain a balance between the need for personal information by those conducting the business of insurance and the public’s need […]