Recently adopted rules

New Rules

New rules are posted on this page for six months after they are final.

Click on a rule title below for details.

Finance and securities regulation

FSR 19-2020: Temporary authorization to allow for remote participation in annual stockholder meetings of Oregon-chartered banks

Rules affected: OAR 441-505-2005

Rule Summary:
Adopted to allow Oregon chartered commercial banks and savings banks to conduct annual stockholder meetings.

Filed: March 27, 2020

Effective: March 27, 2020 through September 22, 2020

Documents:

Permanent Administrative Order

FSR 16-2019: Modernizing visible license requirement for compatibility with Nationwide Multistate Licensing System

Rules affected: OAR 441-730-0070, 441-735-0070, 441-850-0045, 441-890-00752

Rule Summary:
Amended advertising regulations to add new requirement regarding displaying consumer finance lender licensing information.

Filed: December 16, 2019

Effective: January 1, 2020

Documents:

FSR 15-2019: Pawnbroker renewal due date and using a second location for storing large pawned items

Rules affected: OAR 441-740-0000, 441-740-0010, 441-740-0020, 441-740-0025, 441-740-0029, 441-740-0035

Rule Summary:
Amended to add definition for “large items” that can be stored in an off-site location and add the definition of “reasonable care” that is currently in OAR 441-740-0020.

Filed: December 16, 2019

Effective: January 1, 2020

Documents:

Insurance regulation

ID 4-2020: COVID-19 Update to Statistical Plan for Workers’ Compensation Insurance Reporting

Rules affected: 836-042-0045

Rule Summary:
Updates the prescribed statistical plan to include the most recent COVID-19 related revisions filed by the National Council on Compensation Insurance (NCCI).

Filed: April 30, 2020

Effective: May 1, 2020 through October 24, 2020

Documents:

Temporary Administrative Order

ID 03-2020: Amendment to the 2021 standard bronze and silver health benefit plans

Rules affected: OAR 836-053-0013

Rule Summary:
Amends Exhibit 1 and Exhibit 2 to OAR 836-053-0013 with updated plan standards for 2021 Standard Bronze and Standard Silver health benefit plans.

Filed: April 24, 2020

Effective: May 1, 2020

Documents:

Permanent Administrative Order

ID 02-2020: Amendment to Oregon Reinsurance Program Payment Parameters for 2018

Rules affected: OAR 836-150-0040

Rule Summary:
Amended increase of the coinsurance rate used to calculate payments from the Oregon Reinsurance Program for the 2018 benefit year.

Filed: April 24, 2020

Effective: April 24, 2020

Documents:

Permanent Administrative Order

ID 01-2020: Amends timelines for public disclosure of drug manufacturer pricing reports and fee assessments

Rules affected: OAR 836-200-0545, 836-200-0555

Rule Summary:
Amend timeline for public disclosure of prescription drug manufacturer filings provided in compliance with Oregon Laws 2018, chapter 7.

Filed: January 29, 2020

Effective: February 1, 2020

Documents:

ID 13-2019: Regulates How Insurers May Take Credit For Reinsurance

Rules affected: OAR 836-012-0000, 836-012-0006, 836-012-0011, 836-012-0021, 836-012-0031, 836-012-0041, 836-012-0046, 836- 012-0051, 836-012-0060, 836-012-0070, 836-012-0080, 836-012-0090, 836-012-0100, 836-012-0110

Rule Summary:
Amended to identify the director’s authority for adopting and revising the requirements for a ceding insurer to receive credit for reinsurance as an asset or a reduction from liability. Also references forms as Exhibits 1, 2, 3, 4.

Filed: December 19, 2019

Effective: January 1, 2020

Documents:

ID 12-2019: Uniform standards for prompt determinations in response to prior authorization requests

Rules affected: OAR 836-053-1200, 836-053-1203

Rule Summary:
Clarify that rules apply to prior authorizations for all items and services covered by a health benefit plan, and to prior authorization requests made by enrollees as well as providers; clarify timeline for health benefit plan determinations and required communications related to prior authorization requests and requests for additional information; establish that compliance with proposed rule will be sufficient to establish compliance with statutory requirement to act promptly in response to requests for prior authorization.

Filed: December 19, 2019

Effective: January 1, 2020

Documents:

ID 11-2019: REVISES NOTICE OF Update of statement blanks, valuation manual, guidance manual and financial forms

Rules affected: OAR 836-011-0000, 836-011-0030, 836-027-0030, 836-031-0605

Rule Summary:
Amends for the purpose of prescribing: (1) the required financial statement forms, with instructions, to be filed annually by insurers; (2) the required financial statement forms, with instructions, to be filed quarterly by insurers; and (3) the required annual statement supplements, with instructions, to be filed by insurers, for the 2019 annual and 2020 quarterly reporting years. In addition, clarifies the rule’s applicability to multiple employer welfare arrangements and to specify the need for compliance with annual statement instructions posted on the division’s website.

Filed: December 19, 2019

Effective: January 1, 2020

Documents:

ID 10-2019: Relating to the licensing of insurance adjusters and insurance consultants

Rules affected: 836-071-0101, 836-071-0113, 836-071-0118, 836-071-0120, 836-071-0127, 836-071-0130, 836-071-0135, 836- 071-0140, 836-071-0145

Rule Summary:
Amended to specify the form and manner of license application submissions, to make technical changes and to update references to statutory authority, i.e., to substitute references to the provisions of Oregon Laws 2019, chapter 151 (Senate Bill 251).

Filed: November 27, 2019

Effective: January 1, 2020

Documents:

ID 09-2019: Amendment to Custodial Agreement Rules

Rules affected: OAR 836-027-0200

Rule Summary:
Amended to require the board of directors to approve the custodial agreement and requires certificated securities of the insurance company to be held separately from all other securities or in a fungible bulk.

Filed: November 25, 2019

Effective: January 1, 2020

Documents:

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Key links

Oregon Revised Statutes
Oregon Administrative Rules
Oregon State Legislature