Or. Admin. R. 812-003-0200

Current through Register Vol. 63, No. 8, August 1, 2024

Section 812-003-0200 - Insurance Generally

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

(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

(b) Will continue to meet those insurance requirements for as long as the applicant is licensed.

(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) A certificate of insurance must include:

(a) The name of the insurer;

(b) The policy or binder number;

(c) The effective dates of coverage;

(d) The coverage in at least the amount required in OAR 812-003-0221;

(e) A statement that products and completed operations coverage is included as required by ORS 701.073(1).

(f) The insurance agency's name, and insurance agency's telephone number; and

(g) The CCB listed as the certificate holder

Or. Admin. R. 812-003-0200

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

Statutory/Other Authority: ORS 670.310 & 701.235

Statutes/Other Implemented: ORS 701.073 & 701.098