Or. Admin. R. 836-042-0512

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

Section 836-042-0512 - Specified Commercial Liability Markets

The conditions for a prior review in OAR 836-042-0510 apply to:

(1) Average annual rate level increases greater than 15 percent for the following commercial liability markets:

(a) Products liability;

(b) Medical professional liability;

(c) Professional liability other than medical professional liability;

(d) Liquor law liability;

(e) Child care liability;

(f) Directors and officers liability;

(g) Recreational liability;

(h) Non-profit philanthropic and civic activity liability;

(i) Commercial automobile long haul trucking liability;

(j) Municipal liability;

(k) Public official liability.

(2) Average annual rate level decreases greater than 15 percent for all commercial liability markets except for commercial automobile policies and package insurance policies (such as commercial multi-peril and business owners policies).

Or. Admin. R. 836-042-0512

ID 4-1988(Temp), f. & cert. ef. 2-26-88; ID 14-1988, f. & cert. ef. 8-24-88

Stat. Auth.: ORS 731 & ORS 737

Stats. Implemented: ORS 737.207(1) - ORS 737.207(2) & ORS 737.320(6)