Oregon Code § 656.419·Enacted ·Last updated March 01, 2026
Statute Text
Workers compensation insurance contracts.
(1) A workers compensation insurance policy issued
by an insurer under this section shall provide that the insurer agrees to
assume, without monetary limit, the liability of the employer, arising during
the period the policy is in effect, for prompt payment of all compensation for
compensable injuries that may become due under this chapter to subject workers
and their beneficiaries.
(2)(a) The
insurer issuing the workers compensation insurance policy shall file proof of
coverage with the Director of the Department of Consumer and Business Services
within 30 days after workers compensation coverage of the employer is
effective. The filing shall be in the form and manner and shall include any
information that the director may prescribe by rule.
(b) An insurer
shall file the proof of coverage required under this section for each new or
renewed policy issued by the insurer.
(3) Workers
compensation coverage is effective when the application of the subject employer
for coverage together with any required fees or premium are received and
accepted by an authorized representative of an insurer or on the date specified
in writing by the employer and the insurer.
(4) Coverage of
an employer under a workers compensation insurance policy continues until:
(a) The
expiration of the term of the policy;
(b) The coverage
is canceled prior to the expiration date of the policy as provided by ORS