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The Oregon FAIR Plan Association board of directors approved an increase in coverage limits for personal and commercial dwellings
Medford, OR – According to the statement, the Oregon FAIR Plan Association board also hired Stephen Steinbeck as executive director.
State officials also said that the Oregon FAIR Plan Association board increased the retention limits for the FAIR Plan, the state’s insurer of last resort, to $600,000 for personal dwellings and farms and $1 million for commercial dwellings at the urging of the Oregon Division of Financial Regulation (DFR).
The previous coverage limits were $400,000 and $700,000.
A retention limit is the maximum amount an insurance company will pay for claims.
The new limits expand the protection offered to Oregon consumers as housing values and construction costs continue to increase.
The new limits became effective May 1 and is the first increase in coverage limits since 2016.
Gov. Kotek calls out Trump administration over “unworkable” federal rollout, says “eligible people could lose health care due to paperwork problems and system failures”
Oregon – Governor Tina Kotek is leading a coalition of governors from multiple states, including Michigan, Washington, New York, Maine,...
Gov. Kotek accuses ICE of repeatedly engaging in “illegitimate activities” and spreading fear after directing Oregon DMV to stop issuing undercover license plates
Oregon – Oregon Governor Tina Kotek has directed the Oregon Driver and Motor Vehicles Service (DMV) to stop issuing undercover...
Skinner Butte summit road and parking lot to remain closed until October due to wildfire concerns
Eugene, OR – The City of Eugene has announced the temporary closure of the Skinner Butte parking lot and summit...
Firefighters stop electrical fire from spreading at Taco Bell on Chad Drive, no injuries reported
Eugene, OR – Firefighters quickly contained an early morning electrical fire at a Taco Bell restaurant on Chad Drive in...
Eugene Police Department welcomes newly sworn-in officers, praises commitment to serving the community
Eugene, OR – The Eugene Police Department is celebrating the addition of its newest officers after a recent swearing-in ceremony...
Motorcyclist hospitalized after crashing into guardrail near Beltline Highway and Delta Highway ramp, speed believed to be factor
Eugene, OR – A motorcyclist was hospitalized after crashing into a guardrail near the Beltline Highway and Delta Highway interchange...
Oregon Sen. Ron Wyden claims Trump move creates “$1.7B slush fund for right-wing political violence” and warns of “historic taxpayer theft”
Oregon – U.S. Sen. Ron Wyden of Oregon has sharply criticized former President Donald Trump following reports that the administration...
“Pepper spraying a senator and everyday Americans at a peaceful protest”, Oregon Sen. Ron Wyden demands accountability for “Trump’s ICE” after claims of protest chaos and mistreatment
Oregon – U.S. Sen. Ron Wyden has sharply criticized Immigration and Customs Enforcement (ICE) following reports of unrest and protests...
Oregon Senate race heats up as GOP candidate calls out Democrats’ “blame game on the President” and says it has been their “over regulating, tax and spend policies” over decades of control
Oregon – The Republican Party in Oregon has selected state Sen. David Brock Smith as its nominee for the 2026...
ESF crews respond to single-vehicle crash on I-105 that leaves one dead and one seriously injured after vehicle strikes tree, officials say
Eugene, OR – Eugene Springfield Fire and the Eugene Police Department responded to a serious single-vehicle crash Friday morning on...
Single-vehicle fatal crash on I-105 under investigation after rollover collision, Eugene Police say
Eugene, OR – The Eugene Police Department is investigating a fatal single-vehicle crash that occurred Friday morning on Interstate 105....
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Oregon1 week ago
“Pepper spraying a senator and everyday Americans at a peaceful protest”, Oregon Sen. Ron Wyden demands accountability for “Trump’s ICE” after claims of protest chaos and mistreatment
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Oregon1 week ago
Oregon Senate race heats up as GOP candidate calls out Democrats’ “blame game on the President” and says it has been their “over regulating, tax and spend policies” over decades of control
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Oregon1 week ago
Oregon Sen. Ron Wyden claims Trump move creates “$1.7B slush fund for right-wing political violence” and warns of “historic taxpayer theft”
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Eugene1 week ago
ESF crews respond to single-vehicle crash on I-105 that leaves one dead and one seriously injured after vehicle strikes tree, officials say
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Eugene1 week agoEugene Police arrest wrong-way driver on DUII charge after early morning traffic stop
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Eugene2 days ago
Skinner Butte summit road and parking lot to remain closed until October due to wildfire concerns
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Oregon2 days ago
Gov. Kotek calls out Trump administration over “unworkable” federal rollout, says “eligible people could lose health care due to paperwork problems and system failures”
-
Oregon2 days ago
Gov. Kotek accuses ICE of repeatedly engaging in “illegitimate activities” and spreading fear after directing Oregon DMV to stop issuing undercover license plates