Oregon § 656.447 Sanctions against insurer for failure to comply with contracts, orders or rules

Oregon Statutes

§ 656.447 — Sanctions against insurer for failure to comply with contracts, orders or rules

Oregon § 656.447

Vol.16

Title 51Labor and Employment; Unlawful Discrimination

Ch. 656Workers’ Compensation

This text of Oregon § 656.447 (Sanctions against insurer for failure to comply with contracts, orders or rules) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 656.447 (2026).

Text

(1)The Director of the Department of Consumer and Business Services may suspend or revoke the authorization of an insurer to issue workers’ compensation insurance policies if the director, after notice to the company and giving the company an opportunity to be heard and present evidence, finds that:

(a)The company has failed to comply with its obligations under any such policy; or

(b)The company has failed to comply with the orders of the director or the provisions of this chapter or any rule promulgated pursuant thereto.

(2)A suspension or revocation shall not affect the liability of any such company on any workers’ compensation insurance policy in force prior to the suspension or revocation.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) The Director of the Department of Consumer and Business Services may suspend or revoke the authorization of an insurer to issue workers’ compensation insurance policies if the director, after notice to the company and giving the company an opportunity to be heard and present evidence, finds that:
(a) The company has failed to comply with its obligations under any such policy; or
(b) The company has failed to comply with the orders of the director or the provisions of this chapter or any rule promulgated pursuant thereto.
(2) A suspension or revocation shall not affect the liability of any such company on any workers’ compensation insurance policy in force prior to the suspension or revocation.