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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.
“This is another Trumpian attack on children,” Oregon Sen. Merkley accuses Trump administration of taking away attorneys for unaccompanied children to make deportations easier
Oregon – Sen. Jeff Merkley criticized the Trump administration over efforts to end legal representation for unaccompanied immigrant children, arguing...
Eugene-Springfield Fire responds to structure fire that damaged home, shed and power pole
Eugene, OR – Eugene-Springfield Fire responded to a late-night structure fire on Marlow Lane that damaged a detached shed, a...
Eugene-Springfield Fire responds to apartment fire that seriously injured one resident near downtown Eugene
Eugene, OR – Eugene-Springfield Fire responded to a fourth-floor apartment fire near downtown Eugene on Saturday evening, Aug. 1, after...
Eugene Police motorcycle officers train with agencies across Oregon for motorcade operations
Eugene, OR – Eugene Police Department motorcycle officers joined riders from law enforcement agencies across Oregon for motorcade training focused...
Eugene Police Department thanks local community after National Night Out event
Eugene, OR – The Eugene Police Department joined community members for National Night Out, an evening focused on building relationships...
Oregon Sen. Merkley responds after President Trump approves Saudi nuclear deal, says “this reckless move could fuel a nuclear arms race that puts all of us at risk”
Oregon – Trump is gifting Saudi Arabia the capability to pursue a nuclear weapon,” Oregon Sen. Jeff Merkley said as...
Oregon Sen. Wyden says President Trump has “abused his power” unlike any other president, claims his bill will put Congress back in control of international trade
Eugene, OR – “Trump has abused his power on tariffs and trade unlike any other president,” Oregon Sen. Ron Wyden said as...
“President Trump is doing what he does best,” Oregon Gov. Kotek responds after President Trump imposed tariffs she says hurt Oregon families and businesses
Oregon – “President Trump is doing what he does best: driving up costs for families and hurting Oregon businesses that...
Oregon State Police and FBI investigate after individuals identifying themselves as “ICE” allegedly forced victim from vehicle before detaining and assaulting them
Eugene, OR – The Oregon State Police and the Federal Bureau of Investigation are investigating a report of individuals impersonating...
University Park reopens in Eugene with improved facilities, playground and accessibility upgrades
Eugene, OR – The City of Eugene announced that the renovation of University Park has been completed, with the 2.81-acre...
Eugene Springfield Fire crews return from wildfire deployment in Oregon
Eugene, OR – Several members of Eugene Springfield Fire have returned home after assisting with wildfire response efforts in Oregon....
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Eugene1 week ago
Eugene Springfield Fire crews return from wildfire deployment in Oregon
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Oregon1 week ago
“President Trump is doing what he does best,” Oregon Gov. Kotek responds after President Trump imposed tariffs she says hurt Oregon families and businesses
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Oregon1 week ago
Oregon Sen. Merkley responds after President Trump approves Saudi nuclear deal, says “this reckless move could fuel a nuclear arms race that puts all of us at risk”
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Oregon1 week ago
Oregon State Police and FBI investigate after individuals identifying themselves as “ICE” allegedly forced victim from vehicle before detaining and assaulting them
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Oregon1 week ago
Oregon Sen. Wyden says President Trump has “abused his power” unlike any other president, claims his bill will put Congress back in control of international trade
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Eugene1 week ago25-year-old woman arrested after flooding apartment and damaging neighbor’s property in Eugene
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Eugene1 week agoEugene Police seek public help locating stolen truck involved in hit-and-run crash with bicyclist
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Eugene1 week ago
University Park reopens in Eugene with improved facilities, playground and accessibility upgrades