Oregon Code § 656.730·Enacted ·Last updated March 01, 2026
Statute Text
Assigned risk plan.
(1) The Director of the Department of Consumer and Business Services shall
promulgate a plan for the equitable apportionment among the State Accident
Insurance Fund Corporation and all members of workers compensation rating
organizations in the state coverage required by ORS 656.017 for subject
employers whose coverage the fund, or any members of such rating organizations,
object to providing. The plan shall include provisions authorized pursuant to
ORS 737.265 (2), except that:
(a) Regardless of
the rating plans adopted by any rating organization, the plan shall provide a
rating structure with differing rate tiers for insureds too small to qualify
for experience rating and for insureds large enough to be experience rated; and
(b) The plan
shall seek and be entitled to receive approval for all classification
exceptions approved by the director for any insurer.
(2) If any
insurer issuing workers compensation insurance policies under this chapter
refuses to accept its equitable apportionment under such plan, the director
shall revoke the insurers authority to issue workers compensation insurance
policies. [1965 c.285 §94a; 1979 c.673 §2; 1990 c.1 §2; 2007 c.241 §18]