Product Standard Requirement Discontinued
- Effective April 1, 2010, the Oregon Insurance Division (OID) will no longer
require Product Standards to be submitted with property, casualty, life,
annuities, and health rate filings. This change will NOT
affect health insurance form filings, or
product standards that are combined with a transmittal. Please refer to
the current forms list
when creating a filing to verify which product standards are required to
be submitted with filings.
It will take some time to implement the changes to our systems. We estimate
completion of this project by January 2011. Your patience is requested
while we make all the necessary modifications. Until this project is completed,
the system may still prompt for product standards to be attached to the
system. Please bypass the prompt, and indicate 'no longer required' in
the comment box.
During the review of a filing, an analyst may request the product standard
to be submitted. If a product standard is attached to a filing, when not
required, it will be accepted.
This e-notify was distributed to the following groups:
- Life & Health Insurance Issues
- Property & Casualty Insurance Issues
- Rates and Forms New Developments