Current through 2024 Regular Session legislation effective June 6, 2024
Section 735.205 - Definitions for ORS 735.200 to 735.260As used in ORS 735.200 to 735.260:
(1) "Joint underwriting association" means a mechanism requiring casualty insurers doing business in Oregon to provide commercial liability insurance to certain businesses and service providers on either an assigned risk basis or through a joint underwriting pool underwritten to standards adopted under the Insurance Code.(2) "Market assistance plan" means a mechanism through which admitted casualty insurers in this state provide commercial liability insurance for classes of risks designated by the Director of the Department of Consumer and Business Services.