Or. Admin. Code § 436-162-0440

Current through Register Vol. 63, No. 10, October 1, 2024

Section 436-162-0440 - Assessment of Civil Penalties

(1) Under ORS 656.745, the director may assess a civil penalty against an insurer that fails to comply with ORS chapter 656 or the director's rules and orders.

(2) The insurer is responsible for its own actions as well as the actions of others acting on the insurer's behalf. If an insurer or someone acting on the insurer's behalf violates any provisions of these rules, the director may impose a civil penalty against the insurer.

WCD 12-2014, f. 11-13-14, cert. ef. 4-1-15

Stat. Auth: ORS 656.264, 656.726(4) & 656.745

Stat. Implemented: ORS 656.419, 656.423 & 656.427