The Director of the Department of Consumer and Business Services or supervisor on behalf of an insurer under supervision may bring an action for damages against any person who violates any order of the director under ORS 734.043 if the violation reduces the net worth of the insurer or results in loss to the insurer that the insurer would not have suffered otherwise. The director or supervisor may recover damages to the extent of the reduction or loss. [1989 c.425 §9]
Section: Previous 734.035 734.039 734.040 734.043 734.047 734.050 734.051 734.055 734.059 734.060 734.063 734.067 734.070 734.080 734.110 NextLast modified: August 7, 2008