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).
Statutory/Other Authority
ORS 731 & 737
Statutes/Other Implemented
ORS 737.322(2)
History
ID 3-1988, f. & cert. ef. 1-20-88