Authorization of Insurers and General Requirements | Midpage

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Oregon Revised Statutes

Authorization of Insurers and General Requirements

Authorization of Insurers and General Requirements

731.354Certificate of authority required 731.356Unauthorized insurance transaction enforcement 731.358Requirements of domestic insurers generally 731.362Requirements of foreign or alien insurers generally 731.363Authorized foreign insurer becoming domestic insurer 731.364Domestic insurer transferring domicile to another state 731.365Effect of transfer of domicile by domestic or foreign insurer; notice to director by transferring insurer 731.367Transfer of domicile by unincorporated authorized foreign insurer 731.369Requirements of reciprocal insurers generally 731.370Reciprocal insurer’s financial statement; service of process 731.371Powers of reciprocal insurer regarding real estate 731.374Exemptions to certificate of authority requirement 731.378Foreign and alien insurers exempt from laws governing admission of foreign and alien corporations 731.380Authority of foreign and alien insurers to take, acquire, hold and enforce notes secured by mortgages; statement; fees 731.381Exemption from taxes for foreign and alien insurers engaging in activities authorized by ORS 731.380 731.382General eligibility for certificate of authority 731.385Standards for determining whether continued operation of insurer is hazardous; rules; order; hearing 731.386Management of insurers 731.390Government insurers not to be authorized 731.394Combinations of insuring powers in one insurer 731.396Certificate of authority and good financial condition required to issue variable life insurance or variable annuity policies 731.398Amendment of certificate of authority 731.402Issuance or refusal of certificate of authority 731.406What certificate evidences; ownership of certificate 731.410Continuance, expiration or reinstatement of certificate of authority 731.414Suspension or revocation of certificate of authority; mandatory grounds 731.418Grounds for suspension or revocation of certificate of authority 731.422Order of suspension, revocation or refusal; effect upon insurance producers’ authority 731.426Duration of suspension; insurer’s obligations during suspension period; reinstatement 731.428Written consent to engage or participate in business of insurance; rules 731.430Name of insurer 731.434Registered office and agent 731.438Title plant requirement for title insurers; posting of indexes; plant ownership and maintenance 731.439Satisfaction of requirements of ORS 731.438 (1) by certain title plants 731.442Prohibition on transacting life insurance business on mutual assessment plan 731.446Policyholder deposits 731.450Unrelated business prohibited; exceptions; title insurer as escrow agent 731.454Domestic insurers not to transact business in jurisdiction where not authorized 731.458Exchange of reciprocal or interinsurance contracts 731.462Nonassessable policies of reciprocal insurer 731.466Power of attorney for reciprocal insurer 731.470Attorney for reciprocal insurer 731.475Claims processing by workers’ compensation insurer; permission for remote claims processing; availability and disposition of claims records; auditing and examinations by director; rules 731.480Workers’ compensation policies; conditions for issuing 731.482Withdrawal from, failure to renew or cancellation of line by commercial liability insurer 731.484Prohibition on certain sales related to group health and group life insurance 731.485Conditions under which insurer may limit insured’s choice of drug outlets and pharmacies 731.486Exemption from definition of “transact insurance” for group health and life policies; master group health and life insurance coverage; rules 731.488Annual audit of insurer; rules 731.492Required notification to claimant upon insurer’s payment to settle third-party liability claim; required contents of notification