OAR 836-011-0020: Definitions
Edition: Current OARD snapshotEffective: 2018-01-01Last verified: 2026-09-07
As used in OAR 836-011-0020 to 836-011-0024: (1) “Insurance group” means those insurers and affiliates included within an insurance holding company system as defined in ORS 732.548. (2) “Insurer” has the meaning given that term in ORS 731.106 but does not include an agency, authority or instrumentality of the United States, its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia, or another state or political subdivision of another state. (3) “Senior Management” means any corporate officer responsible for reporting information to the board of directors at regular intervals or providing this information to shareholders or regulators and shall include, for example and without limitation, the Chief Executive Officer (“CEO”), Chief Financial Officer (“CFO”), Chief Operations Officer (“COO”), Chief Procurement Officer (“CPO”), Chief Legal Officer (“CLO”), Chief Information Officer (“CIO”), Chief Technology Officer (“CTO”), Chief Revenue Officer (“CRO”), Chief Visionary Officer (“CVO”), or any other “C” level executive.
Official history and status
Statutory/Other Authority: ORS 731.244
Statutes/Other Implemented: 2017 Oregon Laws, Chapter 479, Section 5 (Enrolled Senate Bill 97)
History: ID 10-2017, adopt filed 11/22/2017, effective 01/01/2018
This rule cites
- OAR 836-011-0020 — resolved
- 836-011-0024 — resolved
- ORS 732.548 — resolved
- ORS 731.106 — resolved
Cited by
No inbound citations found.
Official source: https://secure.sos.state.or.us/oard/