Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 85 - PRACTICES INJURIOUS TO PUBLIC OR FREE COMPETITION
Section 836-085-0035 - Cancellation or Nonrenewal Notice

Universal Citation: OR Admin Rules 836-085-0035

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

(1) If a risk sharing plan exists under ORS Chapter 735 for the kind of coverage cancelled or nonrenewed, notice of cancellation or nonrenewal required under OAR 836-085-0010(2) is not effective unless the notice contains adequate instructions to the policyholder and if one exists, the insurance producer for applying for insurance through a risk sharing plan under ORS Chapter 735.

(2) Adequate instructions under section (1) of this rule must direct the policyholder to the agent of the notifying insurer for assistance or, if no agent exists, must provide that the insurer will directly assist in submission of the application.

Stat. Auth.: ORS 731

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

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