OAR 836-027-0120: Acquisition of Certain Persons Considered to Be Insurers

(1) If the person being acquired is considered to be a “domestic insurer” solely because of the definition of “domestic insurer” in ORS 732.518, the name of the domestic insurer on the cover page shall be indicated as follows: “ABC Insurance Company, a subsidiary of XYZ Holding Company.” (2) When a person who is considered to be a “domestic insurer” solely because of the definition of “domestic insurer” in ORS 732.518, is being acquired, references to “the insurer” contained in Form A shall refer to both the domestic subsidiary insurer and the person being acquired.