The conditions for a prior review in OAR 836-042-0510 apply to:
(1) Average annual rate level increases greater than 15 percent for the following commercial liability markets:
- (a) Products liability;
- (b) Medical professional liability;
- (c) Professional liability other than medical professional liability;
- (d) Liquor law liability;
- (e) Child care liability;
- (f) Directors and officers liability;
- (g) Recreational liability;
- (h) Non-profit philanthropic and civic activity liability;
- (i) Commercial automobile long haul trucking liability;
- (j) Municipal liability;
- (k) Public official liability.
- (2) Average annual rate level decreases greater than 15 percent for all commercial liability markets except for commercial automobile policies and package insurance policies (such as commercial multi-peril and business owners policies).
Statutory/Other Authority
ORS 731 & 737
Statutes/Other Implemented
ORS 737.207(1) - 737.207(2) & 737.320(6)
History
ID 14-1988, f. & cert. ef. 8-24-88
ID 4-1988(Temp), f. & cert. ef. 2-26-88