OAR 437-001-1065: Penalty Provisions for Insurers

(1) For insurers who fail to comply with the law and the requirements of OAR 437-001-1005 through 437-001-1065, the Administrator: (a) Shall assess a civil penalty in accordance with ORS 654.086; and (b) May send a notice to an insurer, in accordance with ORS 656.447, of the Administrator’s intent to request the Administrator of the Insurance Division to suspend or revoke the insurer’s certificate of authority. (2) For self-insured employers who fail to comply with the law and the requirements of OAR 437-001-1005 through 437-001-1065, the Administrator shall assess a civil penalty in accordance with ORS 654.086.