Oregon Department of Consumer and Business Services, Insurance Regulation

Rule Rule 836-054-0410
Cancellations

An insurer may cancel a commercial liability policy if:
(1) The insurer was required to renew the policy by an emergency order issued by the director;
(2) The cancellation is not due to claims resulting solely from the circumstances on which the emergency order was based, except in cases of fraud or material misrepresentation;
(3) The insurer has provided 45 days written notice to the insured and insurance producer, if any; and
(4) The cancellation does not violate any other law or order by the director.
Source

Last accessed
Jun. 8, 2021

REMOVE ADS