ORS 731.566: Reciprocal insurer surplus requirements.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
To qualify for authority to transact insurance in this state, a reciprocal insurer shall possess and thereafter maintain a surplus of not less than $2.5 million, and any reciprocal insurer that exchanges policies of insurance covering workers’ compensation insurance shall possess and thereafter maintain a surplus of not less than $5 million. [1967 c.359 §109; 1975 c.274 §1; 1977 c.651 §2; 1987 c.483 §3; 1993 c.709 §3; 2001 c.318 §3]
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors731.html