Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 150 - OREGON REINSURANCE PROGRAM
Section 836-150-0040 - Reinsurance Parameters

Universal Citation: OR Admin Rules 836-150-0040

Current through Register Vol. 63, No. 9, September 1, 2024

(1) For the benefit year beginning on January 1, 2020 the parameters for the Oregon Reinsurance Program are:

(a) An attachment point of $90,000;

(b) A reinsurance cap of $1,000,000; and

(c) A coinsurance rate of fifty percent.

(2) For the benefit year beginning on January 1, 2021 the parameters for the Oregon Reinsurance Program are:

(a) An attachment point of $83,000;

(b) A reinsurance cap of $1,000,000; and

(c) A coinsurance rate of fifty percent.

(3) For the benefit year beginning on January 1, 2022 the parameters for the Oregon Reinsurance Program are:

(a) An attachment point of $92,000;

(b) A reinsurance cap of $1,000,000; and

(c) A coinsurance rate of fifty percent.

(4) For the benefit year beginning on January 1, 2023 the parameters for the Oregon Reinsurance Program are:

(a) An attachment point of $95,000;

(b) A reinsurance cap of $1,000,000; and

(c) A coinsurance rate of fifty percent.

(5) For the benefit year beginning on January 1, 2024 the parameters for the Oregon Reinsurance Program are:

(a) An attachment point of $95,000;

(b) A reinsurance cap of $1,000,000; and

(c) A coinsurance rate of fifty percent.

Statutory/Other Authority: ORS 731.244 & Or Laws 2017, ch 538, sec 19

Statutes/Other Implemented: Or Laws 2017, ch 538, sec 18-21

Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

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