OAR 836-029-0070
Service Providers

A person may not act in or from this state, as a service provider, including but not limited to as a captive insurance manager, producer, actuary or certified public accountant, for a captive insurer without the authorization of the Director of the Department of Consumer and Business Services. Application for such authorization must be on a form prescribed by the director. The application shall include information regarding the service provider’s character, reputation and experience, relative to captive insurer. Any person who solicits business entities to form a captive insurer must be licensed as a producer under ORS 744.052 (Definitions for ORS 744.052 to 744.089) to 744.089 (Report of administrative action taken against insurance producer).

Source: Rule 836-029-0070 — Service Providers, https://secure.sos.state.or.us/oard/view.action?ruleNumber=836-029-0070.

836‑029‑0000
Authority 836‑029‑0005
Purpose and Scope 836‑029‑0010
Definitions 836‑029‑0015
Annual Reporting Requirements 836‑029‑0020
Risk Limitation 836‑029‑0025
Annual Audit 836‑029‑0030
Management’s Report of Internal Control over Financial Reporting 836‑029‑0035
Communication of Internal Control Related Matters Noted in an Audit 836‑029‑0040
Designation of Service Providers 836‑029‑0045
Notification of Material Misstatement of Financial Condition 836‑029‑0050
Additional Deposit Requirement 836‑029‑0055
Availability and Maintenance of Working Papers of the Independent Certified Public Accountant 836‑029‑0060
Documentation Required to be Held in Oregon by Licensed Captives 836‑029‑0065
Reinsurance 836‑029‑0070
Service Providers 836‑029‑0075
Directors 836‑029‑0080
Conflict of Interest 836‑029‑0085
Acquisition of Control of or Merger with Domestic Captive insurer 836‑029‑0090
Suspension or Revocation 836‑029‑0095
Standards 836‑029‑0100
Director’s Authority 836‑029‑0105
Change of Information in Initial Application 836‑029‑0110
Application 836‑029‑0115
Fees 836‑029‑0120
Authorized Forms

Last Updated

Jun. 8, 2021

Rule 836-029-0070’s source at or.us

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Location: https://oregon.public.law/rules/oar_836-029-0070

Original Source: Rule 836-029-0070 — Service Providers, https://secure.sos.state.or.us/oard/view.action?ruleNumber=836-029-0070 (last accessed Jun. 8, 2021).