ORS 746.075
Misrepresentation generally

(1)

A person may not engage, directly or indirectly, in any action described in subsection (2) of this section in connection with:

(a)

The offer or sale of any insurance; or

(b)

Any inducement or attempted inducement of any insured or person with ownership rights under an issued life insurance policy to lapse, forfeit, surrender, assign, effect a loan against, retain, exchange or convert the policy.

(2)

Subsection (1) of this section applies to the following actions:

(a)

Making, issuing, circulating or causing to be made, issued or circulated, any estimate, illustration, circular or statement misrepresenting the terms of any policy issued or to be issued or the benefits or advantages therein or the dividends or share of surplus to be received thereon;

(b)

Making any false or misleading representation as to the dividends or share of surplus previously paid on similar policies;

(c)

Making any false or misleading representation as to the financial condition of any insurer, or as to the legal reserve system upon which any life insurer operates;

(d)

Using any name or title of any policy or class of policies misrepresenting the true nature thereof;

(e)

Employing any device, scheme or artifice to defraud;

(f)

Obtaining money or property by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statement, in light of the circumstances under which it was made, not misleading;

(g)

Engaging in any other transaction, practice or course of business that operates as a fraud or deceit upon the purchaser, insured or person with policy ownership rights; or

(h)

Materially misrepresenting the provider network of an insurer offering managed health insurance or preferred provider organization insurance as defined in ORS 743B.001 (Definitions), including its composition and the availability of its providers to enrollees in the plan. [1967 c.359 §574; 2001 c.266 §7]

Source: Section 746.075 — Misrepresentation generally, https://www.­oregonlegislature.­gov/bills_laws/ors/ors746.­html.

Notes of Decisions

Where insurance company represented to insured that, if insured did not renew policy, assumed loss ratio would be applied and insured would not be entitled to full refund of dividend distribution, when in fact policy did not provide for application of assumed loss ratio when it expired, Insurance Division could properly find misrepresentation under this section. Employers Mutual Liability Ins. Co. v. Insurance Div., 49 Or App 515, 620 P2d 497 (1980)

746.005
Trade practices exempted from prohibitions 746.015
Discrimination 746.018
Discrimination in issuance of burglary, theft, robbery or casualty policies prohibited 746.021
Discrimination under health benefit plans 746.023
Discrimination against living donors or body part donors with respect to life insurance, health insurance or long term care insurance 746.025
Securities or other contracts as inducement to insurance 746.035
Inducements not specified in policy 746.045
Prohibition on rebates 746.055
Title insurance commissions, rebates and discounts 746.065
Personal or controlled insurance 746.075
Misrepresentation generally 746.085
Regulating replacement of life insurance 746.100
Misrepresentation in insurance applications or transactions 746.110
False, deceptive or misleading statements 746.115
Advertisements in languages other than English 746.120
Illegal dealing in premiums 746.125
Limitation on coverage of eye care services 746.130
Insurance connected to sale or rental of property 746.135
Genetic tests and information 746.137
Reimbursement of private emergency responder’s actual expenses in emergency response 746.140
Sale of life insurance with securities 746.145
Workers’ compensation insurance 746.147
Workers’ compensation insurance 746.150
Other insurance 746.155
Applicability of ORS 746.145 and 746.150 746.160
Practices injurious to free competition 746.195
Insurance on property securing loan or credit 746.201
Depository institution to obtain required property insurance when borrower does not 746.213
Definitions for ORS 746.213 to 746.219 746.215
Regulation of depository institutions with regard to insurance sales or solicitations 746.217
Disclosures to customers 746.219
Investigatory powers 746.220
Debtor’s option in furnishing credit life or credit health insurance 746.230
Unfair claim settlement practices 746.233
Unfair claim settlement practices with respect to prior authorizations of health care items or services 746.240
Undefined trade practices injurious to public prohibited 746.260
Driving record not to be considered in issuance of motor vehicle insurance 746.265
Purposes for which abstract of nonemployment driving record may be considered 746.270
Use of past investment or predicted future investment experience in sale of variable life insurance policies 746.275
Definitions for ORS 746.275 to 746.300 746.280
Designation of particular motor vehicle repair shop by insurer prohibited 746.285
Notice of prohibition in motor vehicle repair shops 746.287
Insurer requirement of installation of aftermarket crash part in vehicle 746.289
Insurer offer of crash part warranty 746.290
Notice of prohibition in policies and by adjusters 746.292
Motor vehicle repair shops 746.295
Proof and amount of loss under motor vehicle liability policies 746.300
Liability of insurers and motor vehicle repair shops for damages 746.305
Rules 746.308
Violation of provisions regarding totaled vehicles as violation of Insurance Code 746.310
Representing or aiding unauthorized insurer prohibited 746.320
Service of process equivalent to personal service on unauthorized foreign or alien insurer 746.330
Judgment by default after service of process under ORS 746.320 746.340
Conditions to be met by defendant unauthorized insurer before filing motions or pleadings 746.350
Attorney fee allowable to prevailing party 746.360
Exceptions to application of unauthorized insurer service of process law 746.370
Records of insureds 746.405
Definitions for ORS 746.405 to 746.530 746.422
Inquiries from director to premium finance company 746.425
Applicability of ORS 746.405 to 746.530 746.465
Records required of premium finance companies 746.470
Prohibition against interfering with premium financing recommendation 746.475
Premium finance agreements 746.485
Regulation of service charge for premium financing 746.495
Delinquency charges regulated 746.505
Cancellation of policy by premium finance company 746.515
Return of unearned premiums on cancellation 746.525
Agreement effective as security interest 746.530
Attorney fees 746.600
Definitions for ORS 746.600 to 746.690 746.605
Purpose 746.606
Information privacy standards for health insurers 746.607
Use and disclosure of personal information 746.608
Rules 746.609
Exemptions for health insurers 746.610
Application of ORS 746.600 to 746.690 746.611
Personal representative of deceased person 746.612
No right of action 746.615
Pretext interviews prohibited 746.620
Notice of insurance information practices 746.625
Marketing and research surveys 746.630
Authorization for disclosure of certain information 746.632
Genetic information used for treatment 746.635
Investigative consumer reports 746.640
Access to recorded personal information 746.645
Correction, amendment or deletion of recorded personal information 746.650
Reasons for adverse underwriting decisions 746.655
Information concerning previous adverse underwriting decisions 746.660
Basing adverse underwriting decision on previous adverse decision 746.661
Use of credit history or insurance score 746.662
Filing of insurance scoring models 746.663
Cancellation or nonrenewal of personal insurance policies based on credit history or insurance score 746.665
Limitations and conditions on disclosure of certain information 746.668
Relationship of ORS 746.620, 746.630 and 746.665 to federal Fair Credit Reporting Act 746.670
Investigatory powers 746.675
Service of process on out-of-state insurance-support organizations 746.680
Remedies 746.685
Liability for disclosure of information 746.686
Use of prior claim or inquiry in determination to issue or renew homeowner insurance policy 746.687
Cancellation of homeowner insurance policy 746.688
Use of loss history reports 746.690
Obtaining information under false pretenses prohibited 746.991
Penalties
Green check means up to date. Up to date

Current through early 2024

§ 746.075’s source at oregon​.gov