Or. Admin. Code § 437-001-1065 - Penalty Provisions for Insurers
(1) For insurers who fail to comply with the
law and the requirements of OAR
437-001-1005 through
437-001-1065, the Administrator:
(a) Shall assess a civil penalty in
accordance with ORS 654.086; and
(b) May send a notice to an insurer, in
accordance with ORS 656.447, of the Administrator's
intent to request the Administrator of the Insurance Division to suspend or
revoke the insurer's certificate of authority.
(2) For self-insured employers who fail to
comply with the law and the requirements of OAR
437-001-1005 through
437-001-1065, the Administrator
shall assess a civil penalty in accordance with ORS
654.086.
Notes
Statutory/Other Authority: ORS 654.025(2) & 656.726(4)
Statutes/Other Implemented: ORS 654.001 - 654.295
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