Or. Admin. R. 836-043-0185

Current through Register Vol. 63, No. 6, June 1, 2024

Section 836-043-0185 - Insurer Classification Notice

(1) When an insurer issues a workers' compensation insurance policy to an insured for the first time, an insurer shall provide each insured a written rate classification notice describing the work activities of each classification assigned. This information may be delivered via electronic means, as provided for under ORS Chapter 84.

(2) The rate classification notice shall include the following information:

(a) The complete description for each classification assigned as contained in the insurers' classification system filed with and approved by the director;

(b) An adequate description of work activities for such classification as reviewed by the director;

(c) One or more publications that include basic ratemaking and classification information and necessary records and reporting procedures for the division of payroll of an individual employee among classifications assigned as provided for under OAR 836-042-0060;

(d) An amendatory endorsement to the policy for reclassification assignments during the policy year as provided for under ORS 737.310(13).

(3) When an insurer provides the written rate classification notice required under ORS 737.310(12) and (13), the notice must be given in the manner prescribed by section (2) of this rule.

Or. Admin. R. 836-043-0185

ID 2-1988, f. & cert. ef. 1-20-88; ID 2-1992, f. 2-6-92, cert. ef. 2-15-92; ID 13-2012, f. 7-16-12, cert. ef. 1-1-13

Exhibits referenced are available from the agency.

Stat. Auth.: ORS 731.244, 737.310(12) & 737.310(13)

Stats. Implemented: ORS 737.310(12)