74th OREGON LEGISLATIVE ASSEMBLY--2007 Regular Session
 
SA to SB 255
 
LC 277/SB 255-1
 
                      SENATE AMENDMENTS TO
                         SENATE BILL 255
 
     By COMMITTEE ON BUSINESS, TRANSPORTATION AND WORKFORCE
                           DEVELOPMENT
 
                           February 23
 
  On page 1 of the printed bill, line 3, delete ', 742.536 and
742.538'.
  Delete lines 5 through 30 and delete pages 2 though 4 and
insert:
  '  { +  SECTION 1. + } ORS 742.534 is amended to read:
  ' 742.534. (1) Except as provided in ORS 742.544, every
authorized motor vehicle liability insurer whose insured is or
would be held legally liable for damages for injuries sustained
in a motor vehicle accident by a person for whom personal injury
protection benefits have been furnished by another such insurer,
or for whom benefits have been furnished by an authorized health
insurer, shall reimburse such other insurer for the benefits it
has so furnished if it has requested such reimbursement, has not
given notice as provided in ORS 742.536 that it elects recovery
by lien in accordance with that section and is entitled to
reimbursement under this section by the terms of its policy.
Reimbursement under this subsection, together with the amount
paid to injured persons by the liability insurer, shall not
exceed the limits of the policy issued by the insurer.
  ' (2) In calculating such reimbursement, the amount of benefits
so furnished shall be diminished in proportion to the amount of
negligence attributable to the person for whom benefits have been
so furnished, and the reimbursement shall not exceed the amount
of damages legally recoverable by the person.
  ' (3) Disputes between insurers as to such issues of liability
and the amount of reimbursement required by this section shall be
decided by arbitration.
  ' (4) Findings and awards made in such an arbitration
proceeding are not admissible in any action at law or suit in
equity.
  '  { +  (5) If an insurer does not request reimbursement under
this section for recovery of personal injury protection payments,
then the insurer may only recover personal injury protection
payments under the provisions of ORS 742.536 or 742.538. + }
  '  { +  SECTION 2. + }  { + The amendments to ORS 742.534 by
section 1 of this 2007 Act apply to motor vehicle liability
insurance policies issued or renewed on or after the effective
date of this 2007 Act. + } ' .
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