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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 Sens. Wyden and Merkley join California Sen. Padilla in demanding answers from Trump administration over controversial plans to turn public lands into data center sites
Oregon – Oregon Sens. Ron Wyden and Jeff Merkley are demanding that Interior Secretary Doug Burgum halt the Trump administration’s...
Oregon State Police arrest driver for DUII after clocking vehicle traveling over 110 mph on I-84
Oregon – Oregon State Police arrested a driver for driving under the influence of intoxicants (DUII) after a concerned motorist...
Woman charged with DUII and reckless driving after allegedly driving wrong way and nearly causing multiple crashes in Eugene
Eugene, OR – A 33-year-old Washington woman was arrested in Eugene after allegedly driving the wrong way on a one-way...
35-year-old man taken into custody after fatal shooting in Eugene, charged with second-degree murder
Eugene, OR – Eugene police have arrested a 35-year-old man in connection with a shooting reported near West 10th Alley...
Eugene police arrest 30-year-old man after neighbor dispute over $20 ends in stabbing
Eugene, OR – Eugene police arrested a 30-year-old man Tuesday night after a dispute over $20 allegedly led to a...
Oregon Sen. Merkley warns of “major danger for our Republic” as he accuses President Trump of seeking to block states from certifying election results after DOJ targets Alaska Senate race
Oregon – Sen. Jeff Merkley is warning that President Donald Trump could seek to prevent states from certifying election results...
Oregon Republican gubernatorial candidate Drazan takes aim at Gov. Kotek over $96,000 ODOT hiring contract, tells her to leave the hiring to her in January
Oregon – Oregon Republican gubernatorial candidate Christine Drazan is criticizing Gov. Tina Kotek over the state’s decision to spend $96,000...
Eugene firefighters battle four-hour blaze that engulfed large rural home as difficult access and lack of fire hydrants complicate response
Eugene, OR – Eugene Springfield Fire crews spent approximately four hours battling a fire that engulfed a large, two-story home...
Eugene Springfield Fire responds to hazardous materials incident after chemical reaction overheats industrial equipment and releases gases
Eugene, OR – Eugene Springfield Fire crews responded to a hazardous materials incident at an industrial facility in West Eugene...
Eugene police invite families to free Halloween ‘Candy with a Cop’ event featuring trick-or-treating, police vehicles and first responders
Eugene, OR – The Eugene Police Department is inviting families to a free Halloween event on Sunday, Oct. 25, where...
33-year-old man arrested after ramming vehicles, punching officer in the face and slashing another with a knife
Eugene, OR – Eugene police arrested a 33-year-old man early Friday after he allegedly rammed parked vehicles, punched an officer...
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Eugene1 week agoGov. Kotek warns Oregonians their ballots could be delayed this November as she urges them to make sure their signatures are correct before mailing them
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Eugene1 week ago
Oregon Republican gubernatorial candidate Drazan takes aim at Gov. Kotek over $96,000 ODOT hiring contract, tells her to leave the hiring to her in January
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Eugene1 week agoLarge rural home destroyed in overnight fire near Eugene as firefighters battle flames for four hours
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Eugene1 week agoEugene police investigate theft of elderly woman’s dog after group returns to take border collie while she was sleeping
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Eugene1 week ago
Eugene firefighters battle four-hour blaze that engulfed large rural home as difficult access and lack of fire hydrants complicate response
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Eugene1 week agoEugene man arrested on kidnapping warrant after refusing to stop for police and driving toward Walmart entrance during pursuit
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Eugene1 week ago
33-year-old man arrested after ramming vehicles, punching officer in the face and slashing another with a knife
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Eugene1 week agoOregon Sen. Wyden warns over Trump administration plan for migrant children, says HHS lawyers could represent kids facing deportation while working for the same government seeking to remove them