Or. Admin. Code § 836-011-0255 - Reserve Adequacy
In order to demonstrate that a self-insurance program complies with the reserve adequacy provisions contained in ORS 30.282(6)(d) or 731.036(4), (5) or (6), the demonstration of compliance must be accompanied and supported by the written actuarial report issued by a qualified actuary. As used in this rule, "qualified actuary" means:
(1) For property or casualty insurance, a
person who is either:
(a) A member in good
standing of the Casualty Actuarial Society; or
(b) A member in good standing of the American
Academy of Actuaries who has been approved as qualified for signing casualty
loss reserve opinions by the Casualty Practice Council of the American Academy
of Actuaries.
(2) For
health insurance, a person who is a member in good standing of the American
Academy of Actuaries, or a person recognized by the American Academy of
Actuaries as qualified for such actuarial valuation.
Notes
Stat. Auth.: ORS 731.244
Stats. Implemented: ORS 30.282, 731.036
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