Or. Admin. R. 836-080-0185

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

Section 836-080-0185 - Compliance Mitigation; Penalties

(1) An insurer is responsible for compliance with OAR 836-080-0170 to 836-080-0190. If a violation occurs, either because of the action or inaction of the insurer or its insurance producer, the director may order:

(a) An insurer to take reasonably appropriate corrective action for any consumer harmed by violation of OAR 836-080-0170 to 836-080-0190 by the insurer, or by the insurer's producer;

(b) A general agency, independent agency or the insurance producer to take reasonably appropriate corrective action for any consumer harmed by the insurance producer's violation of OAR 836-080-0170 to 836-080-0190; and

(c) Appropriate penalties and sanctions.

(2) Violation of any provision of OAR 836-080-0170 to 836-080-0190 is an unfair trade practice under ORS 746.240.

Or. Admin. R. 836-080-0185

ID 2-2011, f. & cert. ef. 2-4-11; ID 54-2023, temporary amend filed 12/20/2023, effective 1/1/2024 through 6/28/2024

Stat. Auth.: ORS 731.244

Stats. Implemented: ORS 746.100, 746.110 & 746.240