An insurer who denies payment of personal injury protection benefits to or on behalf of an insured shall:

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(1) Provide written notice of the denial, within 60 calendar days of receiving a claim from the provider, to the insured, stating the reason for the denial and informing the insured of the method for contesting the denial; and

(2) Provide a copy of the notice of the denial, within 60 calendar days of receiving a claim from the provider, to a provider of services under ORS § 742.524 (1)(a). [Formerly 743.812; 1993 c.265 § 1]