Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 42 - RATES AND RATEMAKING
Section 836-042-0512 - Specified Commercial Liability Markets

Universal Citation: OR Admin Rules 836-042-0512

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

The conditions for a prior review in OAR 836-042-0510 apply to:

(1) Average annual rate level increases greater than 15 percent for the following commercial liability markets:

(a) Products liability;

(b) Medical professional liability;

(c) Professional liability other than medical professional liability;

(d) Liquor law liability;

(e) Child care liability;

(f) Directors and officers liability;

(g) Recreational liability;

(h) Non-profit philanthropic and civic activity liability;

(i) Commercial automobile long haul trucking liability;

(j) Municipal liability;

(k) Public official liability.

(2) Average annual rate level decreases greater than 15 percent for all commercial liability markets except for commercial automobile policies and package insurance policies (such as commercial multi-peril and business owners policies).

Stat. Auth.: ORS 731 & ORS 737

Stats. Implemented: ORS 737.207(1) - ORS 737.207(2) & ORS 737.320(6)

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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