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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.
“No company should be able to target you using your personal data,” Oregon Sen. Wyden urges Congress to pass his bill banning surveillance ads and targeted advertising by chatbots
Oregon – “No company should be able to target you using your personal data, including the sensitive data people share...
Oregon Sen. Merkley warns “we can’t sleepwalk into a decision this consequential” as Senate gets chance to act “before it’s too late” over Trump’s Saudi nuclear deal that could trigger arms race
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Eugene considers new micro village housing rules to expand affordable housing options as City Council schedules public hearing
Eugene, OR – The City of Eugene is considering a new type of housing development that would allow small residential...
Eugene Springfield Fire thanks local businesses for helping families learn about battery safety and proper disposal
Eugene, OR – Eugene Springfield Fire is thanking Jerry’s Home Improvement and Waste Wise Lane County for helping share battery...
44-year-old man arrested after allegedly striking contractor in the head with skateboard and attacking another with wooden stick
Eugene, OR – A 44-year-old man was arrested after a contractor was struck in the head with a skateboard and...
Eugene man arrested for DUII after police find gun with scratched-off serial number in BMW parked in middle of road
Eugene, OR – A 26-year-old Eugene man was arrested on suspicion of driving under the influence of intoxicants after a...
Oregon gubernatorial candidate Drazan accuses Gov. Kotek of making homelessness “chronic and permanent” as governor says crisis “wasn’t created overnight and won’t be solved overnight”
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Oregon Sen. Merkley says getting anything done in the Senate is like “wading through tar” as he joins Montana Republican Sen. Daines in proposing sweeping rules overhaul
Oregon – “Trying to get anything done in the Senate feels like wading through tar.” Oregon Sen. Jeff Merkley made...
Oregon Sen. Wyden takes aim at President Trump over diesel deal, says “he’s rewarding Putin with a windfall agreement that won’t even lower prices”
Oregon – Oregon Sen. Ron Wyden criticized President Donald Trump’s agreement with Russian President Vladimir Putin to supply diesel to...
Large fire involving palletized wood shavings breaks out at Coastal Farm & Ranch in Eugene, prompting early morning response from ESF
Eugene, OR – Eugene Springfield Fire (ESF) crews responded to a reported structure fire at Coastal Farm & Ranch in...
ESF crews work overnight to contain mill fire on Milliron Road as scene expected to remain active for days
Eugene, OR – Eugene Springfield Fire (ESF) crews worked overnight and into the morning as part of a countywide mutual...
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Eugene1 week ago
Oregon gubernatorial candidate Drazan accuses Gov. Kotek of making homelessness “chronic and permanent” as governor says crisis “wasn’t created overnight and won’t be solved overnight”
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Eugene1 week ago
Oregon Sen. Merkley says getting anything done in the Senate is like “wading through tar” as he joins Montana Republican Sen. Daines in proposing sweeping rules overhaul
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Eugene1 week ago
Eugene woman arrested for DUII after allegedly speeding, swerving and refusing to exit vehicle, police say her blood alcohol level was .25%
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Eugene1 week ago
Large fire involving palletized wood shavings breaks out at Coastal Farm & Ranch in Eugene, prompting early morning response from ESF
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Eugene1 week ago
ESF crews work overnight to contain mill fire on Milliron Road as scene expected to remain active for days
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Eugene1 week ago
Oregon Sen. Wyden takes aim at President Trump over diesel deal, says “he’s rewarding Putin with a windfall agreement that won’t even lower prices”
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Eugene10 hours ago
Oregon Sen. Merkley warns “we can’t sleepwalk into a decision this consequential” as Senate gets chance to act “before it’s too late” over Trump’s Saudi nuclear deal that could trigger arms race
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Oregon10 hours ago
“No company should be able to target you using your personal data,” Oregon Sen. Wyden urges Congress to pass his bill banning surveillance ads and targeted advertising by chatbots