“Reinsurance” means a contract under which an originating insurer, called the “ceding” insurer, procures insurance for itself in another insurer, called the “assuming” insurer or the “reinsurer,” with respect to part or all of an insurance risk of the originating insurer.
ORS 731.126
Known as the Insurance Code
The act spans §§ 731–731 (240 sections).
Applied in 5 court decisions — leading case State Ex Rel. Neidig v. Superior National Insurance (2007)
Most recently applied in State Ex Rel. Neidig v. Superior National Insurance (November 2007)
1967 c.359 §26
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.