Or. Admin. Code § 836-150-0060

Current through Register Vol. 64, No. 1, January 1, 2025

Section 836-150-0060 - Duties of the Administrator

As administrator of the Oregon Reinsurance program, the department will:

(1) Conduct an audit of the information submitted under 836-150-0030.

(2) Notify reinsurance eligible issuers of the results of the calculation described under 836-150-0050, including any modifications of the coinsurance rate.

(3) Issue reinsurance payments to each reinsurance eligible issuer in accordance with OAR 836-150-0050.

Or. Admin. Code § 836-150-0060

ID 38-2018, adopt filed 12/19/2018, effective 1/1/2019

Statutory/Other Authority: ORS 731.244 & 2017 Or Laws ch 538 sec 19

Statutes/Other Implemented: 2017 Or Laws ch 538 sec 18-21