Regulatory Alerts1994-01-01 | Bulletin 94-1Bulletin 94-1: Blanket Insurance
The Oregon Insurance Division clarifies the statutory definition of blanket insurance under ORS 743.534, requiring that policies cover all individuals in a defined category without individual underwriting or optional exclusions. The bulletin prohibits specific practices such as splitting eligible groups, offering optional supplemental coverage, or excluding previously injured students from accident policies. Additionally, it mandates that blanket policies coordinate benefits strictly according to ORS 743.549 and OAR 836-20-700-765, noting that student accident coverage cannot be treated as other insurance for coordination purposes.
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