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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.
Sen. Wyden calls out DOJ and FBI, says they ‘must hand over this information’ or Democrats will subpoena it while accusing President Trump of ‘hiding Epstein evidence to protect Wall Street banks’
Oregon – Oregon Sen. Ron Wyden is accusing the Trump administration of withholding evidence from the public as part of...
Eugene moves forward with 133 new downtown apartments at 1059 Willamette, including 68 affordable units and 10 reserved for domestic violence survivors
Eugene, OR – The City of Eugene and a development team led by deChase Miksis and Edlen & Company have...
Eugene police investigate drug operation after SWAT raid leads to seizure of half-pound of meth, firearms-related items and stolen property
Eugene, OR – The Eugene Police Street Crimes Unit investigated a drug operation in the 100 block of Briarcliff Drive after...
Eugene police investigate animal neglect after more than 100 pet rats found inside two vehicles with little food and water
Eugene, OR – Eugene police and animal welfare officials removed more than 100 pet rats from two vehicles in Eugene...
Eugene police arrest man for murder of his wife after homicide investigation on Fox Hollow Road
Eugene, OR – The Eugene Police Department arrested Gregory Allen Pitts, 55, for the murder of his wife, Leanna Mae...
Sen. Wyden responds after digital extortion group breached FBI and stole data from employees, says ‘the FBI can’t even protect its own staff from being hacked’
Oregon – Oregon Sen. Ron Wyden is criticizing the FBI after the cybercriminal group ShinyHunters claimed it breached an FBI...
Oregon Sen. Merkley calls out Republican colleagues, says ‘if they have any integrity or any spine, they will join us in ending’ President Trump’s pocket rescission practice
Oregon – “Republican colleagues said they would never let this happen. Well here it is. They should ask themselves: ‘How...
ESF crews assist Oakridge Fire at structure fire that impacted four buildings across three properties
Eugene, OR – Eugene Springfield Fire crews responded to Oakridge early Thursday morning to assist with a structure fire on...
39-year-old man arrested on drug charges after Eugene police find 10 grams of meth outside elementary school
Eugene, OR – Eugene police arrested a 39-year-old man Thursday morning outside Danebo Elementary School after officers responded to a report...
Eugene police arrest DUII driver after repeatedly crashing into bank building on Willamette Street
Eugene, OR – Eugene police arrested a 29-year-old man after he repeatedly crashed a Subaru into a bank building on...
Eugene police officer reads to elementary students in honor of Dolly Parton Day
Eugene, OR – Eugene Police Department Community Engagement Team Officer Steven Chambers visited Awbrey Park Elementary School to read to...
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Eugene6 days ago
Oregon Sen. Merkley calls out Republican colleagues, says ‘if they have any integrity or any spine, they will join us in ending’ President Trump’s pocket rescission practice
-
Eugene6 days ago
39-year-old man arrested on drug charges after Eugene police find 10 grams of meth outside elementary school
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Eugene2 days ago
Sen. Wyden calls out DOJ and FBI, says they ‘must hand over this information’ or Democrats will subpoena it while accusing President Trump of ‘hiding Epstein evidence to protect Wall Street banks’
-
Eugene2 days ago
Eugene moves forward with 133 new downtown apartments at 1059 Willamette, including 68 affordable units and 10 reserved for domestic violence survivors
-
Eugene6 days ago
ESF crews assist Oakridge Fire at structure fire that impacted four buildings across three properties
-
Eugene6 days ago
Eugene police arrest DUII driver after repeatedly crashing into bank building on Willamette Street
-
Eugene2 days ago
Eugene police investigate drug operation after SWAT raid leads to seizure of half-pound of meth, firearms-related items and stolen property
-
Eugene6 days ago
Sen. Wyden responds after digital extortion group breached FBI and stole data from employees, says ‘the FBI can’t even protect its own staff from being hacked’