Oregon Statutes

§ 737.245 — Collusive ratings prohibited; liability for damages

Oregon § 737.245
JurisdictionOregon
Vol.18
Title 56Insurance
Ch. 737Rates and Rating Organizations

This text of Oregon § 737.245 (Collusive ratings prohibited; liability for damages) 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. § 737.245 (2026).

Text

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 party’s attorney fees.

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Legislative History

1969 c.690 §13

Nearby Sections

15
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Bluebook (online)
Oregon § 737.245, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/737.245.