Or. Admin. Code § 836-011-0020

Current through Register Vol. 63, No. 11, November 1, 2024

Section 836-011-0020 - Definitions

As used in OAR 836-011-0020 to 836-011-0024:

(1) "Insurance group" means those insurers and affiliates included within an insurance holding company system as defined in ORS 732.548.

(2) "Insurer" has the meaning given that term in ORS 731.106 but does not include an agency, authority or instrumentality of the United States, its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia, or another state or political subdivision of another state.

(3) "Senior Management" means any corporate officer responsible for reporting information to the board of directors at regular intervals or providing this information to shareholders or regulators and shall include, for example and without limitation, the Chief Executive Officer ("CEO"), Chief Financial Officer ("CFO"), Chief Operations Officer ("COO"), Chief Procurement Officer ("CPO"), Chief Legal Officer ("CLO"), Chief Information Officer ("CIO"), Chief Technology Officer ("CTO"), Chief Revenue Officer ("CRO"), Chief Visionary Officer ("CVO"), or any other "C" level executive.

Or. Admin. Code § 836-011-0020

ID 10-2017, adopt filed 11/22/2017, effective 1/1/2018

Statutory/Other Authority: ORS 731.244

Statutes/Other Implemented: 2017 Oregon Laws, Chapter 479, Section 5 (Enrolled Senate Bill 97)