2015 Oregon Revised Statutes
Volume : 16 - Financial Institutions, Insurance
Chapter 737 - Rates and Rating Organizations
Section 737.365 - Cooperative activities among rating organizations and insurers.
(1) Cooperation among rating organizations or among rating organizations and insurers in rate making or in other matters within the scope of this chapter hereby is authorized, provided the filings resulting from such cooperation are subject to and consistent with those sections which are applicable to filings generally.
(2) The Director of the Department of Consumer and Business Services may review such cooperative activities and practices and if, after a hearing, the director finds that any such activity or practice is unfair or unreasonable or otherwise inconsistent with this chapter, the director may issue a written order specifying in what respects such activity or practice is unfair or unreasonable or otherwise inconsistent with those sections and requiring the discontinuance of such activity or practice.
[Amended by 1967 c.359 §321; 1969 c.690 §20]
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