- (1) Each filing of a commercial casualty insurance premium rate, rating plan or rating system that is certified by a member of the American Academy of Actuaries or by an executive officer of the entity making the filing as not being subject to OAR 836-042-0510(1) shall become effective on the date specified in the filing but not earlier than the date the filing is received by the Director.
- (2) Each filing of commercial liability insurance rate, rating plan or rating system that does not satisfy the condition of section (1) of this rule and the requirements of OAR 836-042-0520 and each filing subject to 836-042-0510(1) must be submitted to the Director for review prior to becoming effective.
Statutory/Other Authority
ORS 731 & 737
Statutes/Other Implemented
ORS 737.207(3) & 737.320(6)
History
ID 14-1988, f. & cert. ef. 8-24-88
ID 4-1988(Temp), f. & cert. ef. 2-26-88
IC 1-1986, f. & ef. 1-21-87
IC 7-1986, f. 11-7-86, ef. 11-10-86
IC 4-1986(Temp), f. & ef. 4-21-86