Or. Admin. R. 836-042-0405

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

Section 836-042-0405 - Definitions

As used in OAR 836-042-0400 to 836-042-0430:

(1) "Casualty Insurance" as defined in ORS 731.158 and as used in 836-042-0400 to 836-042-0430 means liability or casualty insurance as used in 737.346(3)(f).

(2) "Rating System" means a collection of rating plans to be used by an insurer, rules for determining which rating plans are applicable to an insured, a classification system and other rules used by an insurer for determining contractual consideration for an insured.

Or. Admin. R. 836-042-0405

ID 7-1987, f. & ef. 12-11-87

Stat. Auth.: ORS 731 & 737

Stats. Implemented: ORS 737.346(3)(f)-(g)