Or. Admin. Code § 836-085-0015

Current through Register Vol. 63, No. 12, December 1, 2024

Section 836-085-0015 - Longterm Cancellation

If a policy is issued for a term longer than one year, and for additional consideration a premium is guaranteed, the insurer may not refuse to renew the policy or increase the premium for the term of that policy.

Or. Admin. Code § 836-085-0015

IC 2-1985(Temp), f. 5-31-85, ef. 6-15-85; IC 4-1985, f. & ef. 9-19-85; ID 8-1987, f. & cert. ef. 12-14-87; ID 21-1988, f. & cert. ef. 12-16-88

Stat. Auth.: ORS 731, ORS 737 & ORS 746

Stats. Implemented: ORS 746.045, ORS 746.055, ORS 746.160(3) & ORS 746.240