Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 85 - PRACTICES INJURIOUS TO PUBLIC OR FREE COMPETITION
Section 836-085-0210 - Adjustment for Experience of Employer; Calculation of Tentative Modification Factors
Universal Citation: OR Admin Rules 836-085-0210
Current through Register Vol. 63, No. 9, September 1, 2024
For purposes of OAR 836-085-0201 to 836-085-0230:
(1) An insurer shall adjust for experience of an employer by multiplying the insurance premium by the modification factor.
(2) An insurer shall calculate tentative modification factors in accordance with experience data known or discoverable by the insurer and in accordance with the provisions and formulas of the experience rating plan authorized by OAR 836-042-0015(6).
Stat. Auth.: ORS 731 & ORS 737
Stats. Implemented: ORS 737.322(2)
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