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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 says Oregon will protect gender-affirming care as “Trump threatens doctors and subpoenas hospitals for providing it” while recognizing Pride Month
Oregon – “This Pride Month, we stand with Oregon’s LGBTQIA+ community by taking action. As Trump threatens doctors and subpoenas...
Gov. Kotek reacts to immigration debate, says “Trump’s chaos threatened Oregon” and claims she “took action to protect immigrant and refugee families”
Oregon – “Oregon was the first sanctuary state in the nation. When President Trump’s chaos threatened Oregon communities, I took...
ESF swears in four experienced firefighters joining from across western Oregon
Eugene, OR – Eugene Springfield Fire recently held a rare swearing-in ceremony welcoming four experienced firefighters from across western Oregon...
Eugene Springfield Fire hosts regional live fire training with partner agencies at historic training facility
Eugene, OR – Eugene Springfield Fire recently hosted live fire training exercises at its regional training facility, bringing together multiple...
Eugene Police respond to motorcycle crash on Beltline Highway on-ramp, rider hospitalized with non-life-threatening injuries
Eugene, OR – Eugene Police responded to a motorcycle crash involving a Harley Davidson on May 30 at approximately 7:41...
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...
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Oregon5 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”
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Oregon5 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
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Oregon3 days ago
Gov. Kotek reacts to immigration debate, says “Trump’s chaos threatened Oregon” and claims she “took action to protect immigrant and refugee families”
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Eugene5 days ago
Skinner Butte summit road and parking lot to remain closed until October due to wildfire concerns
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Eugene5 days ago
Motorcyclist hospitalized after crashing into guardrail near Beltline Highway and Delta Highway ramp, speed believed to be factor
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Eugene3 days ago
Eugene Police respond to motorcycle crash on Beltline Highway on-ramp, rider hospitalized with non-life-threatening injuries
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Eugene5 days ago
Eugene Police Department welcomes newly sworn-in officers, praises commitment to serving the community
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Eugene5 days ago
Firefighters stop electrical fire from spreading at Taco Bell on Chad Drive, no injuries reported