Department of Consumer and Business Services
Insurance Regulation - Chapter 836
Division 31
ACCOUNTING AND INVESTMENTS (ORS CHAPTER 733); REHABILITATION AND LIQUIDATION OF INSURERS (ORS CHAPTER 734)
836-031-0600
Purpose
The purpose of OAR 836-031-0600 to 836-031-0690 is to prescribe:
(1) Requirements for statements of actuarial opinion to be submitted in accordance with ORS 733.304 and for memoranda in support thereof;
(2) Rules applicable to the appointment of an appointed actuary.
(3) Guidance as to the meaning of “adequacy of reserves.”
Statutory/Other Authority: ORS 731.244 & 733.304
Statutes/Other Implemented: ORS 733.304
History:
ID 5-2011, f. & cert. ef. 2-23-11
ID 10-1992, f. & cert. ef. 5-27-92