Regulatory Alerts2018-01-01 | Bulletin 2018-3Oregon Division of Financial Regulation Bulletin 2018-3: Action Required by Oregon Auto Insurers
The Oregon Division of Financial Regulation issued Bulletin 2018-3 to require auto insurers to accommodate consumers who designate their sex as 'not-specified' on driver licenses. Insurers using sex or gender for rating must file rates for this designation and update application forms to allow accurate selection, ensuring coverage is available immediately. Failure to accommodate this designation in rating plans or applications constitutes unfair discrimination under the Oregon Insurance Code.
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