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| This page contains rules recently adopted by the Insurance Division.
For each rule, you will find a link to the certificate and order and
to the adopted text. |
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| ADOPTS AND AMENDS OREGON ADMINISTRATIVE RULES RELATING TO SALES AND REPLACEMENT OF LIFE INSURANCE AND ANNUITIES; DISCLOSURE REQUIREMENTS |
(ID 14-2008) |
ADOPT: OAR 836-051-0900, 836-051-0905, 836-051-0910, 836-051-0915, 836-051-0920, 836-051-0925, 836-080-0095 and 836-080-0165. AMEND: OAR 836-080-0001 |
| This rulemaking proposes: adoption of the NAIC Annuity Disclosure Model Regulation, governing disclosure of information relating to the sale of annuities, with some changes; addition of an exemption to the rules governing replacement of life insurance and annuities; and adoption of rules relating to the suitability of insurance sales and to annuity sales practices. |
| Adopted: |
August 14, 2008 |
| Effective: |
August 15, 2008 |
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| AMENDS OREGON ADMINISTRATIVE RULES RELATING TO UNIFORM WORKERS' COMPENSATION STATISTICAL PLAN |
| (ID 13-2008 Temporary) |
| OAR 836-042-0045 |
| This rulemaking amends the reference in OAR 836-042-0045 to the Unit Statistical Plan for Oregon to reflect recent amendments by the National Council on Compensation Insurance, the rating organization for Workers' compensation insurance in Oregon. These amendments recognize the federal Terrorism Risk Insurance Program Reauthorization Extension Act of 2007 and this rulemaking will bring Oregon into compliance with the federal law. |
| Adopted: |
September 1, 2008 |
| Effective: |
September 1, 2008 through January 1, 2009
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| ADOPTS OREGON ADMINISTRATIVE RULES RELATING TO GENERAL CRITERIA FOR DIRECTOR’S ORDERS UNDER INSURANCE CODE IN EVENT OF GOVERNOR’S EMERGENCY DECLARATION |
| (ID 12-2008) |
| OAR 836-050-0300 and 836-050-0305 |
This rulemaking is being refiled to correct a filing error.
This rulemaking implements legislation enacted in the 2008 special session, which authorizes the Director of the Department of Consumer and Business Services, in the event the Governor issues a declaration of emergency, to issue an order addressing matters related to insurance policies issued in this state. |
| Adopted: |
June 26, 2008 |
| Effective: |
July 29, 2008 |
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| ADOPTS, AMENDS AND REPEALS OREGON ADMINISTRATIVE RULES RELATING TO ANNUAL AUDITED INSURER FINANCIAL REPORTS; AND CORRECTION OF RULES GOVERNING DOMESTIC INSURER PROXIES |
| (ID 11-2008) |
ADOPT: OAR 836-011-0223, 836-011-0225, 836-011-0227 and 836-011-0235
AMEND: OAR 836-011-0100, 836-011-0110, 836-011-0120, 836-011-0130, 836-011-0140, 836-011-0150, 836-011-0160, 836-011-0180, 836-011-0190, 836-011-0200, 836-011-0210 and 836-011-0220
REPEAL: OAR 836-024-0056 and 836-024-0061 |
This rulemaking is being refiled to correct a filing error.
This rulemaking amends the Insurance Division’s rules governing annual audited financial reports of authorized insurers to incorporate recent changes to the NAIC model regulations, upon which the rules are based. Changes include a requirement that each insurer designate an audit committee, a prohibition against having an audit performed by an accountant who provides certain nonaudit services and a requirement that large insurers submit an internal control report. This rulemaking also corrects the rules governing domestic insurer proxies by repealing two redundant rules. |
| Adopted: |
June 26, 2008 |
| Effective: |
July 29, 2008 |
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| ADOPTS OREGON ADMINISTRATIVE RULES RELATING TO GENERAL CRITERIA FOR DIRECTOR’S ORDERS UNDER INSURANCE CODE IN EVENT OF GOVERNOR’S EMERGENCY DECLARATION |
| (ID 10-2008) |
| OAR 836-050-0300 and 836-050-0305 |
| This rulemaking implements legislation enacted in the 2008 special session, which authorizes the Director of the Department of Consumer and Business Services, in the event the Governor issues a declaration of emergency, to issue an order addressing matters related to insurance policies issued in this state. |
| Adopted: |
June 26, 2008 |
| Effective: |
June 30, 2008 |
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| ADOPTS, AMENDS AND REPEALS OREGON ADMINISTRATIVE RULES RELATING TO ANNUAL AUDITED INSURER FINANCIAL REPORTS; AND CORRECTION OF RULES GOVERNING DOMESTIC INSURER PROXIES |
| (ID 09-2008) |
ADOPT: OAR 836-011-0223, 836-011-0225, 836-011-0227 and 836-011-0235
AMEND: OAR 836-011-0100, 836-011-0110, 836-011-0120, 836-011-0130, 836-011-0140, 836-011-0150, 836-011-0160, 836-011-0180, 836-011-0190, 836-011-0200, 836-011-0210 and 836-011-0220
REPEAL: OAR 836-024-0056 and 836-024-0061 |
| This rulemaking amends the Insurance Division’s rules governing annual audited financial reports of authorized insurers to incorporate recent changes to the NAIC model regulations, upon which the rules are based. Changes include a requirement that each insurer designate an audit committee, a prohibition against having an audit performed by an accountant who provides certain nonaudit services and a requirement that large insurers submit an internal control report. This rulemaking also corrects the rules governing domestic insurer proxies by repealing two redundant rules. |
| Adopted: |
June 26, 2008 |
| Effective: |
July 1, 2008 |
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| AMENDS OREGON ADMINISTRATIVE RULES RELATING TO FILING AND PUBLIC DISCLOSURE OF HEALTH BENEFIT PLAN RATES |
| (ID 08-2008) |
| OAR 836-053-0910 |
| This rulemaking implements 2007 legislation that requires rate filings for certain health benefit plans to be available for public inspection once the filings are submitted to the Director. The requirement applies to health benefit plans for small employers and to portability and individual health benefit plans. The rulemaking provides for public inspection of the filing, states the manner and format for filing the rating information and exemptions from the filing requirement and requires a carrier to include with a rate filing an explanatory statement about the filing. This rulemaking applies to filings made on and after May 11, 2008. |
| Adopted: |
June 17, 2008 |
| Effective: |
June 18, 2008 |
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| AMENDS OREGON ADMINISTRATIVE RULES RELATING TO LICENSING EXAMINATION FEES GENERALLY AND TO RENEWAL OF ADJUSTER AND INSURANCE CONSULTANT LICENSES |
| (ID 07-2008) |
| OAR 836-009-0007, 836-071-0130, 836-071-0135 and 836-071-0145 |
| This rulemaking amends rules of the Insurance Division to reduce fees for license examinations and reexaminations for insurance producers, adjusters and insurance consultants, and change the biennial renewal date for individual adjuster and insurance consultant licenses from the anniversary of the license issuance date to the anniversary of the month of the licensee’s birth date. Corresponding changes to other rules are made as well. |
| Adopted: |
May 12, 2008 |
| Effective: |
June 2, 2008 |
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| ADOPTS AND AMENDS OREGON ADMINISTRATIVE RULES RELATING TO HEALTH INSURANCE AND ASSOCIATION GROUPS |
| (ID 06-2008) |
| ADOPT: OAR 836-053-0007 and 836-053-0081; AMEND: OAR 836-053-1400 |
| This rulemaking implements 2007 legislation that exempts small employer groups covered by association health plans from small employer health insurance requirements and requires DCBS to monitor association health plan data. This rulemaking also establishes compliance procedures for statutory requirements relating to associations and group health insurance coverage. |
| Adopted: |
April 11, 2008 |
| Effective: |
April 18, 2008 |
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| ADOPTS OREGON ADMINISTRATIVE RULES RELATING TO DISCOUNT MEDICAL PLAN ORGANIZATIONS, IMPLEMENTATION OF LICENSING PROGRAM |
| (ID 05-2008) |
| OAR 836-200-0200, 836-200-0210, 836-200-0215 and 836-200-0220 |
| This proposed rulemaking implements the licensing program established for discount medical plan organizations by legislation enacted in 2007. |
| Adopted: |
April 7, 2008 |
| Effective: |
April 14, 2008 |
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| ADOPTS OREGON ADMINISTRATIVE RULES RELATING TO ESTABLISHMENT OF A REGISTRATION PROGRAM FOR WARRANTORS OF VEHICLE PROTECTION PRODUCT WARRANTIES |
| (ID 04-2008) |
| OAR 836-0200-0105, 836-0200-0110, 836-0200-0120, 836-0200-0130 and 836-0200-01408 |
| This rulemaking implements legislation enacted in 2007 that establishes a warrantor registration program for vehicle protection product warranties. |
| Adopted: |
April 3, 2008 |
| Effective: |
April 7, 2008 |
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| AMENDS OREGON ADMINISTRATIVE RULES WORKERS' COMPENSATION INSURANCE; UNIT STATISTICAL PLAN; POLICY CANCELLATION |
| (ID 03-2008) |
| OAR 836-042-0045 and 836-043-0068 |
| This rulemaking amends the Insurance Division rule adopting the Unit Statistical Plan by reference to incorporate NCCI changes relating to fraudulent claims reporting, access to data and compensation for medical services, and amends the Division rule relating to notification by a servicing carrier of cancellation of a workers' compensation insurance policy issued under the Workers' Compensation Insurance Plan, to decrease the notice period in accordance with 2007 legislation. |
| Adopted: |
April 3, 2008 |
| Effective: |
April 7, 2008 |
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| AMENDS AND REPEALS OREGON ADMINISTRATIVE RULES RELATING TO SMALL EMPLOYER HEALTH BENEFIT PLANS |
| (ID 02-2008) |
AMEND: OAR 836-053-0021, 836-053-0030, 836-053-0040, 836-053-0050, 836-053-0060 and 836-053-0065
REPEAL: OAR 836-053-0016 and 836-053-0026, and 836-053-0065(t) |
| This rulemaking implements chapter 389, Oregon Laws 2007 (Enrolled House Bill 2002) with permanent rulemaking. The legislation made several changes to the statutes governing small employer health benefit plans. The rules add specifics and clarifications to these changes. |
| Adopted: |
February 07, 2008 |
| Effective: |
February 11, 2008 |
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| REPEALS OREGON ADMINISTRATIVE RULES RELATING TO REPORTING OF CLAIMS ON PROFESSIONAL LIABILITY INSURANCE COVERING HEALTH CARE PROVIDERS |
| (ID 01-2008) |
| OAR 836-054-0050, 836-054-0055, 836-054-0060 and 836-054-0065 |
| This rulemaking repeals Department of Consumer and Business Services-Insurance Division rules governing the reporting of claims against professional liability insurance covering licensed health care practitioners. Legislation enacted in the 2007 regular session of the Oregon Legislative Assembly required the reporting to be made to the appropriate state licensing board and deleted the Department's authority to prescribe the reporting forms and requirements. |
| Adopted: |
January 7, 2008 |
| Effective: |
January 16, 2008 |
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