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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.
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....
Eugene Police arrest wrong-way driver on DUII charge after early morning traffic stop
Eugene, OR – The Eugene Police Department arrested a driver on a DUII charge following a wrong-way driving incident reported...
Governor Tina Kotek announces major housing plan targeting older Oregonians with millions in new funding aimed at stabilizing housing conditions
Oregon – Governor Tina Kotek has announced four major housing actions designed to help older Oregonians live safely and independently...
Governor Tina Kotek issues statement on second quarter revenue forecast, warns of several challenges affecting Oregon’s financial future and economic outlook
Oregon – Governor Tina Kotek issued a statement in response to the state’s second quarter revenue forecast, addressing Oregon’s budget...
Governor Tina Kotek advances dozens of board appointments impacting major state agencies for Oregon Senate confirmation, covering health care and education
Oregon – Governor Tina Kotek has submitted a list of appointments for state boards and commissions to the Oregon Senate,...
Eugene Springfield Fire drill field busy with live fire training, recruit exercises, and equipment testing
Eugene, OR – The Eugene Springfield Fire reported a highly active training day at its drill field, where multiple crews...
Eugene Springfield Fire responds to gas leak report at Santa Clara commercial building on Division Avenue
Eugene, OR – The Eugene Springfield Fire responded to a commercial alarm after a reported gas leak at a building...
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Oregon7 days ago
Governor Tina Kotek issues statement on second quarter revenue forecast, warns of several challenges affecting Oregon’s financial future and economic outlook
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Oregon7 days ago
Governor Tina Kotek announces major housing plan targeting older Oregonians with millions in new funding aimed at stabilizing housing conditions
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Oregon7 days ago
Governor Tina Kotek advances dozens of board appointments impacting major state agencies for Oregon Senate confirmation, covering health care and education
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Oregon3 days 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
-
Oregon3 days 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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Eugene7 days ago
Eugene Springfield Fire responds to gas leak report at Santa Clara commercial building on Division Avenue
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Oregon3 days 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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Eugene7 days ago
Authorities investigate hit-and-run crash involving bicyclist struck by stolen truck in Eugene