Current through Register Vol. 63, No. 8, August 1, 2024
Section 836-042-0512 - Specified Commercial Liability MarketsThe 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: (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;(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. 8-24-88Stat. Auth.: ORS 731 & ORS 737
Stats. Implemented: ORS 737.207(1) - ORS 737.207(2) & ORS 737.320(6)