Current through Register Vol. 63, No. 12, December 1, 2024
Section 918-674-0230 - Insurance Requirements(1) Oregon certified third-party agencies shall be protected with a minimum one million dollar general liability insurance policy.(2) All applicants for certification as a third-party agency shall provide proof of insurance, including but not limited to the name of the insurance company, the amount for which insured and the policy number.(3) Third-party agencies shall authorize their insurance carrier to notify the Division upon any change to or cancellation of the insurance required by section (1) of this rule.(4) Third-party agencies who cancel or lose the minimum required insurance shall have their certification revoked.Or. Admin. Code § 918-674-0230
BCD 7-1996, f. 3-29-96, cert. ef. 4-1-96; BCD 29-1996(Temp), f. 12-31-96, cert. ef. 1-1-97; BCD 4-1997, f. 3-18-97, cert. ef. 4-1-97Stat. Auth.: ORS 455.705
Stats. Implemented: ORS 455.705