Regulatory Alerts2006-01-01 | Bulletin 2006-6Bulletin 2006-6: Best Practice Organizations
The Oregon Insurance Division issued Bulletin 2006-6 to establish guidelines for incorporating self-analysis by best practice organizations into its market regulation program. The Division will consider membership in the Insurance Marketplace Standards Association (IMSA) and related compliance documentation when determining the scope and frequency of examinations for life insurance companies. This policy encourages all insurance lines to participate in such organizations and takes effect immediately.
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