Or. Admin. Code § 836-020-0280

Current through Register Vol. 63, No. 12, December 1, 2024

Section 836-020-0280 - Enforcement Procedures

(1) Advertising File. Each insurer shall maintain at its home or principal office a complete file containing every advertisement prepared for its individual policies, and typical advertisements prepared for its blanket, franchise and group policies, for dissemination after the effective date of this rule in this or any other state, whether or not licensed in such other state. A notation shall be attached to each advertisement which shall indicate the manner and extent of distribution and the form number of any individual policy advertised. This file shall be available at all times for inspection by the Insurance Commissioner. Advertisements shall be maintained in the file for a period of four years or until the filing of the next regular report of examination of the insurer, whichever is the longer period of time.

(2) Statement of Compliance. Each insurer subject to this rule must file with its annual statement a statement of compliance executed by an authorized officer of the insurer. The officer shall state that, to the best of his knowledge, information and belief, the advertisements disseminated by the insurer during the preceding calendar year complied, or were made to comply, in all respects with this rule.

IC 53, f. 3-5-73, ef. 3-15-73

Stat. Auth.: ORS 731, ORS 743 & ORS 746

Stats. Implemented: ORS 742.009 & ORS 746.075