1. (1) An applicant seeking licensure, renewal, reinstatement or reissuance shall certify that the applicant:

   1. (a) Has procured insurance from a risk retention group or an insurer transacting insurance in compliance with Oregon Revised Statutes and Oregon Administrative Rules; and
   2. (b) Will continue to meet those insurance requirements for as long as the applicant is licensed.
2. (2) Licensees shall provide a certificate of insurance or other evidence of insurance as required by the agency upon request or prior to the expiration date of their insurance.

3. (3) A certificate of insurance must include:

   1. (a) The name of the insurer;
   2. (b) The policy or binder number;
   3. (c) The effective dates of coverage;
   4. (d) The coverage in at least the amount required in OAR 812-003-0221;
   5. (e) A statement that products and completed operations coverage is included as required by ORS 701.073(1).
   6. (f) The insurance agency’s name, and insurance agency’s telephone number; and
   7. (g) The CCB listed as the certificate holder

Statutory/Other Authority

ORS 670.310 & 701.235

Statutes/Other Implemented

ORS 701.073 & 701.098

History

CCB 2-2022, amend filed 06/30/2022, effective 07/01/2022
CCB 1-2022, amend filed 06/16/2022, effective 07/01/2022
CCB 5-2018, amend filed 08/23/2018, effective 09/01/2018
CCB 4-2009, f. 5-6-09, cert. ef. 6-1-09
CCB 5-2008, f. 2-29-08, cert. ef. 7-1-08
CCB 7-2007, f. 12-13-07, cert. ef. 1-1-08
CCB 8-2006, f. & cert. ef. 9-5-06
CCB 6-2006, f. 5-25-06, cert. ef. 6-1-06
CCB 9-2004, f. & cert. ef. 12-10-04