ORS § 733.095

Current through 2024 Regular Session legislation effective June 6, 2024
Section 733.095 - Unearned premium reserve for home protection insurance

A home protection insurer shall maintain a reserve for unearned premiums, unpaid losses and claims incurred whether reported or unreported to the insurer and the expenses of adjustment or settlement of such losses and claims, in an aggregate amount of not less than 40 percent of the aggregate of premiums charged on the insurer's policies currently in force.

ORS 733.095

1981 c.247 §11