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Current as of January 01, 2023 | Updated by Findlaw Staff
(1) “Commercial liability insurance” means insurance for a business, professional, nonprofit or governmental entity against legal, contractual or assumed liability for death, injury or disability of any human, or for damage to property, arising out of acts or omissions in the course of the conduct of the entity.
(2) “Commercial liability insurance” does not include the following lines of insurance or classes of business:
(a) Marine and transportation insurance;
(b) Wet marine and transportation insurance;
(c) FAIR plans and automobile assigned risk insurance;
(d) Workers' compensation and employers' liability insurance;
(e) Nuclear liability insurance;
(f) Fidelity and surety insurance;
(g) Hazardous waste and environmental impairment insurance;
(h) Aviation insurance; or
(i) Commercial automobile insurance.
(3) As used in this section, “commercial automobile” means a four wheel passenger or station wagon type of vehicle used as a public or private conveyance, including a motor vehicle of the utility, pickup, sedan delivery or panel truck type used for wholesale or retail delivery, and a farm truck.
Cite this article: FindLaw.com - Oregon Revised Statutes Insurance § 731.074 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-56-insurance/or-rev-st-sect-731-074/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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