ORS Chapter 744 - Oregon Statutes

Chapter 744 — InsuranceProducers; Life Settlement Providers,

Brokers andContracts; Adjusters; Consultants; Third Party Administrators;

ReinsuranceIntermediaries; Rental Company Limited Licenses

 

 

2009 EDITION

 

 

LICENSEESAND ADMINISTRATORS

 

INSURANCE

 

GENERALPROVISIONS

 

744.001     Licenseapplication; fees

 

744.002     Licensecategories

 

744.003     Amendmentto license

 

744.004     Firmor corporation license

 

744.007     Timeof expiration of license; renewal fee; rules

 

744.008     Renewalof license; fee; rules

 

744.009     Renewalof expired license; fee

 

744.011     Director’sauthority to investigate licensee; qualification for license by person whovoluntarily surrendered license

 

744.013     Disciplinaryactions against applicant, adjuster or insurance consultant

 

744.014     Conditionof probation on license or on category or class of insurance; disciplinaryaction during probationary period

 

744.018     Reinstatementof license; modification of suspension

 

744.022     Authorizedactivities

 

744.024     Placesof business for resident adjuster or insurance consultant; records

 

744.026     Placeof business for nonresident adjuster or insurance consultant; records

 

744.028     Noticeof change of address or telephone number

 

744.031     Noticeof personnel changes from firm or corporate adjuster or insurance consultant todirector; rules

 

744.033     Mannerof application or notification

 

744.037     Fees;refunds; rules

 

INSURANCEPRODUCERS

 

744.052     Definitions

 

744.053     Requirementsto be licensed as insurance producer for class of insurance

 

744.056     Exemptionsfrom insurance producer licensing requirements

 

744.058     Writtenexamination; fees; rules

 

744.059     Qualificationsfor license; use of uniform application

 

744.061     Bankinginstitution as insurance producer

 

744.062     Issuanceof insurance producer license; rules

 

744.063     Nonresidentinsurance producer license; fee

 

744.064     Personslicensed elsewhere

 

744.067     Exemptionsfrom prelicensing education or examination requirement

 

744.068     Requirednotifications; maintenance of usual and customary records; rules

 

744.072     Renewalor reinstatement of insurance producer license; continuing education; rules

 

744.073     Temporaryinsurance producer license

 

744.074     Authorityof director to place licensee on probation or to suspend, revoke or refuse toissue or renew license

 

744.076     Paymentof commission, service fee or brokerage

 

744.077     Conditionsunder which person licensed as insurance producer and consultant may acceptcommission or fee; rules

 

744.078     Appointmentof insurance producers; rules

 

744.079     Terminationof relationship with insurance producer

 

744.081     Terminationof appointment

 

744.082     Waiverof requirement for nonresident insurance producer license applicant

 

744.083     Trustaccount for premium funds; commingling; exceptions; rules

 

744.084     Certificateof deposit in lieu of trust account; rules

 

744.086     Applicabilityof Insurance Code to insurance producers transacting title insurance

 

744.087     Filinginsurance producers compensation agreements; filing not public record

 

744.088     Trainingrequirements to be licensed as insurance producer for long term care insurance

 

744.089     Reportof administrative action taken against insurance producer

 

744.091     Additionalconditions under which person licensed as insurer or insurance producer maycharge commission or service fee; rules

 

744.093     Solicitationor sale of insurance policy by retail insurance producer or wholesale insuranceproducer; rules

 

MANAGINGGENERAL AGENTS

 

744.300     Licenseand indorsement; managing general agent described

 

744.301     Exemptionsfrom license requirement

 

744.303     Certificateof errors and omissions insurance; rules

 

744.306     Contractbetween insurer and managing general agent

 

744.308     Limitationson authority of insurer and managing general agent

 

744.311     Books,bank accounts and records

 

744.313     Financialexamination; loss reserves; notification of appointment and termination; actsof managing general agent attributed to insurer

 

744.314     Rules

 

744.316     Authorityof director if managing general agent violates provisions of ORS 744.300 to744.316

 

LIFESETTLEMENT CONTRACTS

 

744.318     Definitions

 

744.321     Lifesettlement providers

 

744.323     Lifesettlement brokers

 

744.324     Lifesettlement investment agents

 

744.326     Licenseapplication; fee

 

744.328     Issuanceof license

 

744.331     Expirationof license; rules for renewal

 

744.333     Individualacting as provider under license of firm or corporation

 

744.336     Notificationby licensee of material change affecting qualification for license

 

744.338     Suspension,revocation, refusal to issue or renew license

 

744.341     Termsof contract

 

744.343     Annualreport and statement by provider; restrictions on disclosure of information;rules

 

744.346     Examinationof business and practices of licensee or applicant; records

 

744.354     Disclosureby life settlement provider, broker or investment agent to policy owner

 

744.359     Disclosureby life settlement broker or provider to insurer

 

744.362     Disclosureby insurance company to policy owner; rules

 

744.364     Lifesettlement contract requirements

 

744.367     Limitationson ability to enter life settlement contract; exceptions

 

744.369     Unlawfullife settlement contract actions

 

744.372     Advertisingof life settlement contracts; rules

 

744.374     Enforcementof life settlement contract provisions; reporting of violations; requiredantifraud initiatives

 

744.382     Prohibitionson finder’s fee, solicitations, discrimination

 

744.384     Rules;standards

 

ADJUSTERS

 

744.505     Adjusterlicense required

 

744.515     Exemptionsfrom adjuster licensing requirement

 

744.525     Adjusterqualifications

 

744.528     Nonresidentadjuster license

 

744.531     Classesof insurance for adjusters

 

744.535     Adjusterlicensing examination

 

744.538     Changeof circumstance of nonresident adjuster

 

744.541     Adjustmentof claim under policy issued by unauthorized insurer

 

744.555     Temporaryadjuster permit

 

744.575     Adjustingclaims involving credit life or credit health insurance

 

INSURANCECONSULTANTS

 

744.605     Insuranceconsultant’s license required

 

744.609     Exemptions