OAR 836-031-0410
Title Insurance Unearned Premium Reserve

(1)

For the purpose of implementing ORS 733.090 (Unearned premium reserve and fund for title insurance)(2), the amount of the unearned premium reserve shall be determined as follows for each foreign or alien title insurer relating to policies insuring titles to real property in this state and for each domestic title insurer relating to all of its policies insuring titles to real property:

(a)

Three percent of all gross premiums on title insurance policies issued by it during the preceding 15 years and prior to January 1, 2002; plus

(b)

A percentage of all gross premiums on title insurance policies issued by it during the current calendar year as determined from section (2) of this rule; less

(c)

Percentage portions of reserve additions for each calendar year following January 1, 2002 and preceding the current calendar year, as specified by the Director.

(2)

The percentage of premium for reserve additions in subsection (b) of section (1) of this rule shall be as follows:

(a)

Three percent for calendar year 2002.

(b)

Four percent for calendar year 2003.

(c)

Five percent for calendar year 2004.

(d)

Six percent for calendar year 2005.

(e)

Six and one-half percent for calendar year 2006.

(f)

Seven percent for calendar year 2007 and for each calendar year thereafter.

(3)

The portion of the unearned premium reserve of a foreign insurer relating to its policies insuring real property located elsewhere shall be not less than the amounts prescribed or permitted by the laws of the insurer’s domicile.

(4)

This rule applies to all reporting periods beginning on and after January 1, 2002.

Source: Rule 836-031-0410 — Title Insurance Unearned Premium Reserve, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=836-031-0410.

836–031–0200
Scope, Authority 836–031–0210
Definitions, Application and Explanation of Technical Terms Used 836–031–0220
Principles Governing Reserves 836–031–0230
Claim Reserves 836–031–0240
Premium Reserves 836–031–0250
Contract Reserves 836–031–0260
Reinsurance 836–031–0270
Specific Standards for Morbidity 836–031–0280
Specific Standards for Interest 836–031–0290
Specific Standards for Mortality 836–031–0300
Reserves for Waiver of Premium 836–031–0400
Allowed Assets 836–031–0410
Title Insurance Unearned Premium Reserve 836–031–0600
Purpose 836–031–0605
Valuation Manual 836–031–0610
Authority 836–031–0620
Scope 836–031–0630
Definitions 836–031–0640
General Requirements 836–031–0670
Statement of Actuarial Opinion Based On an Asset Adequacy Analysis 836–031–0680
Description of Actuarial Memorandum Including an Asset Adequacy Analysis and Regulatory Asset Adequacy Summary 836–031–0690
Additional Considerations for Analysis 836–031–0750
Purpose, Authority and Applicability 836–031–0755
Applicability 836–031–0760
Definitions 836–031–0765
General Calculation Requirements for Basic Reserves and Premium Deficiency Reserves 836–031–0770
Calculation of Minimum Valuation Standard for Policies with Guaranteed Nonlevel Gross Premiums or Guaranteed Nonlevel Benefits (Other than Universal Life Policies) 836–031–0775
Calculation of Minimum Valuation Standard for Flexible Premium and Fixed Premium Universal Life Insurance Policies that Contain Provisions Resulting in the Ability of a Policyowner to Keep a Policy in Force Over a Secondary Guarantee Period 836–031–0800
Purpose, authority 836–031–0805
Definitions 836–031–0810
2001 CSO Preferred Class Structure Table 836–031–0815
Conditions 836–031–0855
Recoupment of Assessments by Oregon Insurance Guaranty Association
Last Updated

Jun. 8, 2021

Rule 836-031-0410’s source at or​.us