Regulatory Alerts2019-01-07 | Bulletin 2019-1Added · Updated
Oregon Division of Financial Regulation Bulletin No. DFR 2019-01: Use of Corporate and Assumed Business Names by Insurers
The Oregon Division of Financial Regulation issued Bulletin No. DFR 2019-01 to clarify requirements for insurers using corporate and assumed business names in the state. The bulletin mandates that insurers use their full authorized name in all insurance transactions and establishes strict criteria for name approval, including prohibitions on deceptive or misleading terms. It further outlines the procedural steps for applying for name changes, mergers, and assumptions, requiring specific filings and policy endorsements within six months of approval.
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