Oregon Statutes - Chapter 732 - Organization and Corporate Procedures of Domestic Insurers; Regulation of Insurers Generally - Section 732.586 - Confidentiality of information; permitted disclosures.

(1) All information, documents and copies thereof obtained by or disclosed to the Director of the Department of Consumer and Business Services or any other person in the course of an examination or investigation made pursuant to ORS 732.584 are subject to the provisions of ORS 731.312.

(2) All information reported pursuant to ORS 732.552, 732.554, 732.574 and 732.576 is confidential and may not be made public except as provided in this subsection. The director may disclose reported information only as provided in ORS 705.137. Otherwise, the director may disclose such reported information only as follows:

(a) If the director obtains the prior written consent of the insurer to which the reported information pertains; or

(b) If the director, after giving the insurer and its affiliates who would be affected thereby notice and opportunity to be heard, determines that the interest of policyholders, shareholders or the public will be served by the publication thereof. If the director determines that one or more of such interests will be so served, the director may publish all or any part thereof in any manner that the director determines to be appropriate. [1993 c.447 §52; 2001 c.377 §11]

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Last modified: August 7, 2008