LegalFix
Sign In

Section 737.365 - Cooperative activities among rating organizations and insurers.

OR Rev Stat § 737.365 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(2) The Director of the Department of Consumer and Business Services may review such cooperative activities and practices and if, after a hearing, the director finds that any such activity or practice is unfair or unreasonable or otherwise inconsistent with this chapter, the director may issue a written order specifying in what respects such activity or practice is unfair or unreasonable or otherwise inconsistent with those sections and requiring the discontinuance of such activity or practice. [Amended by 1967 c.359 §321; 1969 c.690 §20]

Previous Section
Section 737.360 - Rating organization to accept insurers as subscribers; rules of organization to be reasonable; review of applications for subscribership and of reasonableness of rules.
Next Section
Section 737.390 - Regulation of joint underwriting and joint reinsurance.