Oregon Code § 737.245·Enacted ·Last updated March 01, 2026
Statute Text
Collusive ratings prohibited; liability for damages.
In the event any insurer shall in
collusion with any other insurer conspire to fix, set or adhere to insurance
rates except as expressly sanctioned by the Insurance Code, such insurer shall
be liable to any person damaged thereby for an amount equal to three times the
amount of such damage together with the damaged partys attorney fees. [1969
c.690 §13]
Plain English Explanation
This Oregon statute addresses Collusive ratings prohibited; liability for damages. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 737.245
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Collusive ratings prohibited; liability for damages. Read the full statute text above for details.
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