Oregon Revised Statutes Chapter 744 § 744.820 — Director authority if reinsurance intermediary broker or manager violates
Oregon Revised Statutes Chapter 744 ·
Oregon Code § 744.820·Enacted ·Last updated March 01, 2026
Statute Text
Director authority if reinsurance intermediary broker or manager violates
provisions of ORS 744.800 to 744.818.
If the Director of the Department of Consumer and Business Services finds that
a reinsurance intermediary broker or a reinsurance intermediary manager has
violated any provision of ORS 744.800 to 744.818, the director may order the
reinsurance intermediary broker or reinsurance intermediary manager to
reimburse the insurer, reinsurer, rehabilitator or liquidator for losses
incurred by the insurer or reinsurer because of the violation. The director may
take action under this section in addition to or instead of any other action
that the director may take under the Insurance Code. [1993 c.447 §83a; 2003
c.364 §37]
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Plain English Explanation
This Oregon statute addresses Director authority if reinsurance intermediary broker or manager violates
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 744.820
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Director authority if reinsurance intermediary broker or manager violates
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