Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 85 - PRACTICES INJURIOUS TO PUBLIC OR FREE COMPETITION
Section 836-085-0015 - Longterm Cancellation

Universal Citation: OR Admin Rules 836-085-0015
Current through Register Vol. 63, No. 9, September 1, 2024

If a policy is issued for a term longer than one year, and for additional consideration a premium is guaranteed, the insurer may not refuse to renew the policy or increase the premium for the term of that policy.

Stat. Auth.: ORS 731, ORS 737 & ORS 746

Stats. Implemented: ORS 746.045, ORS 746.055, ORS 746.160(3) & ORS 746.240

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