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This page contains notices of proposed rulemaking by the Insurance Division. For each rulemaking, you will find the hearing date (if any) and the deadline for comment, as well as the notice of hearing and the text of the proposal.
Pending rulemaking includes: |
| Proposed Amendment and Adoption of Oregon Administrative Rules Relating to Treatment of reinsurance reserve credits or assets under agreements entered prior to November 9, 1995 |
NAIC accreditation Part A Laws & Regulation standards require states to include in statute or regulation a provision that insurers reduce to zero any reserve credits or assets established with respect to existing reinsurance agreements entered into prior to the effective date of the Life and Health Reinsurance Agreements Model Regulation (OAR 836-012-0300 to 836-012-0330) which would not be recognized under the provisions of this regulation. This requirement was contained in OAR 836-012-0330, repealed September 26, 2006.
Because the NAIC continues to include this transitory provision in its accreditation requirements, Oregon needs to adopt and retain the rule until the NAIC discontinues its requirement. |
| Filed: |
November 12, 2009 |
Last Day for
Public Comment: |
December 31, 2009 |
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| Proposed Amendment and Adoption of Oregon Administrative Rules Relating to Health Insurance Public Rate Review and Confidentiality of Filing Documents |
| These rules implement provisions enacted by the 2009 Legislative Assembly pertaining to the review of proposed schedule or table of premium rates filed for health benefit plans for small employers, individual health benefit plans and portability health benefit plans. The rules clarify the public process established by the Legislative Assembly for these filings and for individual and small employer group plans, specify the materials that must be submitted in a schedule or table of premium rate filing. The rules specify that all materials are available to the public for review. For those filings, the rules also provide clarification of the factors the Director of the Department of Consumer and Business Services will consider in approving, disapproving or modifying the proposed rates and for approving the amount of an increase in administrative expenses that may be included in a rate. |
| Filed: |
October 15, 2009 |
Last Day for
Public Comment: |
January 8, 2010 |
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