Portable Electronic Insurance - Rulemaking

Oregon Department of Consumer and Business Services sent this bulletin at 10/26/2011 11:36 AM PDT

Rule Caption: Requires vendors to obtain limited licence to sell portable electronics insurance

The Oregon Insurance Division recently filed proposed rules with the Secretary of State regarding the caption above.

This rulemaking implements House Bill 3411 enacted in the 2011 legislative session. House Bill 3411 requires that vendors who sell or lease portable electronics devices, such as cell phones or electronic tablets, must obtain a limited insurance producer license from the Department of Consumer and Business Services before issuing, selling or offering portable electronics insurance coverage to customers.

For detailed information about the proposed rulemaking, we invite you to visit our website at http://www.insurance.oregon.gov/rules/prop_admin_rules.html

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