An essential component of the professionalism of Oregon property and casualty producers is keeping current with the state’s insurance laws. Times change, as do rules, standards of care, documentation requirements, public issues, and industry practices and advances in general. Producers have both an ethical and a legal obligation to understand the laws by which their practice is governed. They must be aware of the ongoing changes that are taking place in their industry.

This course provides an overview of key portions of Oregon insurance law pertaining to property/casualty insurance products and property/casualty insurance producers. Developed to provide the three hours of law study that the Oregon Insurance Division requires for all licensed producers, the course focuses on property/casualty insurance policies in general, and specifically on fire and motor vehicle liability insurance. The source for the material presented in the course is Chapter 742 of Oregon’s insurance statutes. 

Upon conclusion of this course, you should:

• be familiar with the standard or uniform insurance policy provisions required by Oregon’s Insurance Code
• be familiar with the laws governing insurers that write various types of policies and the general provisions found in these policies
• know the law governing the cancellation of various policies