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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.
Eugene Springfield Fire quickly contains house fire on Shady Loop in Springfield
Eugene, OR – Early Sunday morning, Eugene Springfield Fire responded to a house fire on Shady Loop in Springfield. The...
Eugene Springfield Fire rescues woman from vehicle in Willamette River
Eugene, OR – Eugene Springfield Fire crews responded Sunday afternoon to a vehicle that had entered the Willamette River near...
Eugene Police respond to armed dispute involving juveniles on River Road
Eugene, OR – On May 29 at 11:39 a.m., Eugene Police responded to a dispute involving a group of juveniles...
City of Eugene wraps up Building Safety Month highlighting 7,500 permits issued in 2024
Eugene, OR – As Building Safety Month concludes, the City of Eugene’s Building Permit Services team reflected on a busy...
2-year-old child was Ieft with her deceased mother for days after the woman was kiIIed by her partner, who claimed that an aItercation over infideIity led to a struggIe over a firearm, which resulted in the fataI shooting: DA
Kentucky – A Kentucky man, 30-year-old J. Tompson, was convicted last week of murder and possession of a handgun by a...
First responders appreciation BBQ brings community and local agencies together in Springfield
Eugene, OR — First responders and their families gathered Thursday at 3188 Gateway Loop in Springfield for the First Responders...
Eugene officers visit pre-K class to build early community connections
Eugene, OR — A group of Eugene police officers and Community Service Officers spent time last week visiting a local...
Eugene Police honor civilian and deputy chief for lifesaving actions
Eugene, OR – The Eugene Police Department recently recognized two individuals for their heroic actions during a critical incident earlier...
Drivers clocked going nearly 90 MPH on Beltline as summer traffic enforcement ramps up in Eugene
Eugene, OR – As summer approaches and students prepare for the end of the school year, traffic enforcement officers are...
Police respond to report of armed juvenile and shots fired near Eugene high school
Eugene, OR – Eugene Police are continuing to investigate an armed dispute involving a group of juveniles after responding to...
Eugene Springfield Fire warns of brush fire risk after debris burn spreads near Pine Grove Road
Eugene, OR – Despite a long and cool spring, fire danger remains high in Lane County. On May 23, just...
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News1 week agoCustomer dies after he compIained about his meaI order when an employee cIimbed out the window following a comment the victim made towards him, only to then pull out a firearm and kiII him: police
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News1 week agoParent claims she decided to let her 1-year-old baby and his toddIer sibIing play by Ieaving them all aIone, admitting she could not see them from the other room, only for the younger to drwn: police
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Crime & Safety4 days ago
2-year-old child was Ieft with her deceased mother for days after the woman was kiIIed by her partner, who claimed that an aItercation over infideIity led to a struggIe over a firearm, which resulted in the fataI shooting: DA
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Eugene5 days ago
Drivers clocked going nearly 90 MPH on Beltline as summer traffic enforcement ramps up in Eugene
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Eugene5 days ago
Police respond to report of armed juvenile and shots fired near Eugene high school
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Eugene5 days ago
First responders appreciation BBQ brings community and local agencies together in Springfield
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Eugene7 days agoFire destroys home and outbuilding near Dorris Ranch, all residents safe
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Eugene2 days ago
Eugene Police respond to armed dispute involving juveniles on River Road