Oregon Statutes 737.017 – Member, subscriber defined
As used in this chapter, unless the context requires otherwise:
Terms Used In Oregon Statutes 737.017
- advisory organization: means every group, association or other organization of insurers, whether located within or outside this state, which assists authorized insurers which make their own filings or licensed rating organizations in rate making, by the collection and furnishing of loss or expense statistics or by the submission of recommendations, but which does not make filings under this chapter. See Oregon Statutes 737.012
(1) ‘Member’ means:
(a) An insurer that participates in or is entitled to participate in the management of a rating, advisory or other organization; or
(b) For purposes of workers’ compensation insurance, an insurer that is affiliated or associated with a rating, advisory or other organization by agreement with the organization for the purpose of obtaining the rates and rating manuals or the services offered by the organization.
(2) ‘Subscriber’ means an insurer that is furnished at its request:
(a) With rates and rating manuals by a rating organization of which it is not a member; or
(b) With advisory services by an advisory organization of which it is not a member. [1969 c.690 § 16; 1999 c.235 § 6]
[1967 c.359 § 299; repealed by 1969 c.690 § 29]