OAR 836-054-0000(2) currently incorporates by references a specific exhibit
that does not correctly explain the law that will apply to automobile policies
that will be issued or renewed after January 1, 2016. The changes to the rule
remove the reference to a specific exhibit and direct the reader to the website
for a sample form that has been approved by the Insurance Division of the Department
of Consumer and Business Services. The language for the amended rule is consistent
with the statutory language of ORS 742.502(2)(b). The changes to the rule will
allow the Insurance Division to respond more quickly to changes required to
the form by eliminating the need to conduct rulemaking to change the form.
The agency requests public comment on whether other options should be considered
for achieving the rule's substantive goals while reducing the negative economic
impact of the rule on business.
Filed: September 15, 2015
Public hearing: November 5, 2015, 1:00 p.m.
Last day for public comment: November 13, 2015, 5 p.m.