(2) A hearing held pursuant to subsection (1) of this section must be conducted by an administrative law judge assigned from the Office of Administrative Hearings established under ORS 183.605. The administrative law judge shall report findings, conclusions and recommendations to the director within 30 days of the close of the hearing. The insurer or rating organization proposing the rate filing shall have the burden of proving that the rate proposal is justified and shall pay to the director the fair and reasonable costs of the hearing, including actual necessary expenses.
(3) Within 10 days of receiving a report from the administrative law judge, the director shall issue an order approving or disapproving the filing.
(4) An order issued under subsection (3) of this section may be reviewed as provided in ORS 183.480 to 183.540 for review of contested cases. A filing approved by the director under this section shall be effective 10 days after the order issued under subsection (3) of this section and shall remain effective during any review of the order. [1987 c.774 §48a; 1999 c.849 §§175,176; 2003 c.75 §62]