ORS Chapter 742 - Oregon Statutes

Chapter 742 — InsurancePolicies Generally; Property and Casualty Policies

 

2009 EDITION

 

 

PROPERTYAND CASUALTY POLICIES

 

INSURANCE

 

GENERALPROVISIONS

 

742.001     Scopeof ORS chapters 742, 743 and 743A

 

742.003     Filingand approval of policy forms; rules

 

742.005     Groundsfor disapproval of policy forms

 

742.007     Director’swithdrawal of approval

 

742.009     Regulationof sales material; rules

 

742.011     Insurableinterest in property

 

742.013     Representationsin applications

 

742.016     Policyconstitutes entire contract; oral representations by insured

 

742.018     Provisionfor construction according to foreign law prohibited

 

742.021     Standardprovisions in general

 

742.023     Contentsof policies in general

 

742.026     Underwriters’and combination policies

 

742.028     Additionalpolicy contents

 

742.031     Bankruptcyclause required in certain liability policies

 

742.033     Charterand bylaw provisions

 

742.036     Assessmentpolicies, special contents

 

742.038     Validityand construction of noncomplying forms

 

742.041     Permissibleclasses of insurance in one policy

 

742.043     Binders

 

742.046     Deliveryof policy

 

742.048     Effectivedate and time of coverage; applicability

 

742.051     Renewalby certificate

 

742.053     Formsfor proof of loss

 

742.056     Certainconduct not deemed waiver

 

742.058     Returnof premium on destruction of property

 

742.061     Recoveryof attorney fees in action on policy or contractor’s bond

 

742.063     Filingand approval of liability form that includes cost of defense within limits ofliability

 

742.065     Insuranceagainst risk of loss assumed under less than fully insured employee healthbenefit plan

 

ASSUMPTIONREINSURANCE AGREEMENTS

 

742.150     Approvalby director; limitations on authority of insurer; definition

 

742.152     Limitationson applicability of ORS 742.150

 

742.154     Factorsto be considered by director in determining whether to approve assumptionreinsurance agreement

 

742.156     Noticeof transfer under assumption reinsurance agreement

 

742.158     Rejectionof transfer by policyholder; payment of premium as acceptance of transfer; failureof policyholder to respond to notice

 

742.160     Effectof novation of policy under assumption reinsurance agreement

 

742.162     Transferand novation of policy effected by director

 

FIREINSURANCE

 

742.200     Fireinsurance not to exceed value of property insured

 

742.202     Standardfire insurance policy

 

742.204     Exceptionsto standard fire insurance policy requirements

 

742.206     Insuringagreement

 

742.208     Concealment;fraud; representations by insured

 

742.210     Uninsurableand excepted property

 

742.212     Perilsnot included

 

742.214     Otherinsurance

 

742.216     Conditionssuspending insurance

 

742.218     Additionalperils insured

 

742.220     Addedprovisions

 

742.222     Waiverprovisions

 

742.224     Cancellation

 

742.226     Mortgageeinterest and obligation of mortgagee

 

742.228     Prorata liability of insurer

 

742.230     Requirementsin case loss occurs

 

742.232     Appraisal

 

742.234     Insurer’soptions

 

742.236     Abandonment

 

742.238     Whenloss payable

 

742.240     Suiton policy

 

742.242     Subrogation

 

742.244     Coveragefor loss from nuclear reaction or radiation

 

742.246     Otherfire insurance policy provisions permitted

 

742.248     Mutualfire insurers policyholders’ liability; nonassessable policies

 

742.250     Mutualfire insurer’s action to recover assessment

 

742.252     Mutualfire insurers; withdrawal of members

 

742.254     Mutualfire insurance policy cancellation

 

CHILDCARE FACILITY

 

742.260     Cancellationof homeowner or fire policy; coverage for child care; definition

 

HOMEPROTECTION INSURANCE

 

742.280     Homeprotection insurance; rules

 

MORTGAGEINSURANCE

 

742.282     Limitationson issuance of mortgage insurance

 

742.284     Insuredobligations as legal investments and securities for deposit

 

742.286     Mortgageinsurance; who may write

 

SURETYINSURANCE

 

742.350     Bonds,undertakings and other obligations required by law may be executed by suretyinsurers

 

742.352     Reimbursementof private persons required to give bond, letter of credit or other obligation

 

742.354     Reimbursementof public officials required to give bond or letter of credit

 

742.356     Suretyinsurer may take measures to reduce risk of loss

 

742.358     Releaseof surety on official bonds by action of obligee

 

742.360     Releaseof surety on bond of public official by action of surety

 

742.362     Releaseof surety on depository bond; provision required in such bonds

 

742.364     Fixingamount of new bond after release from original

 

742.366     Cancellationof bond by surety

 

742.368     Suretyinsurer may not deny power to execute bond; construction of policies

 

742.370     Bondconstrued as including omitted statutory provisions

 

742.372     Guaranteedarrest bond certificate

 

742.374     Suretymay issue guaranteed arrest bond certificate not to exceed $1,000

 

742.376     Requirementsto issue guaranteed arrest bond certificate

 

REIMBURSEMENTINSURANCE FOR SERVICE CONTRACTS

 

742.390     Reimbursementinsurance policy; contents; definitions

 

742.392     Terminationof reimbursement insurance policy

 

MEDICALMALPRACTICE INSURANCE

 

742.400     Dutyto report claim of professional negligence to licensing board; contents ofreport; public disclosure and posting of reports

 

742.405     Conditionsfor issuance of medical malpractice insurance

 

DISCOUNTMEDICAL PLANS

 

742.420     Definitionsfor ORS 742.420 to 742.440

 

742.422     Licenserequirement for conducting business as discount medical plan organization

 

742.424     Requirementfor contract with provider; contents of contract; retention of record