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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. 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
Oregon – Oregon Sen. Wyden urges Trump administration to reverse plan for HHS attorneys to represent unaccompanied migrant children, warning...
Gov. Kotek warns Oregonians their ballots could be delayed this November as she urges them to make sure their signatures are correct before mailing them
Oregon – Oregon Gov. Tina Kotek is urging voters to make sure their mail-in ballots are signed clearly before returning...
Large rural home destroyed in overnight fire near Eugene as firefighters battle flames for four hours
Eugene, OR – A large, two-story home was fully engulfed in flames when firefighters arrived at a rural property in...
Eugene police investigate theft of elderly woman’s dog after group returns to take border collie while she was sleeping
Eugene, OR – The Eugene Police Department is investigating the theft of a companion animal after a 73-year-old woman reported...
Eugene man arrested on kidnapping warrant after refusing to stop for police and driving toward Walmart entrance during pursuit
Eugene, OR – The Eugene Police Department arrested a man wanted on a felony kidnapping warrant after he allegedly refused...
Eugene police cite driver and pedestrian after crash on West 11th Avenue leaves man hospitalized with non-life-threatening injuries
Eugene, OR – The Eugene Police Department cited both a driver and a pedestrian following a vehicle-versus-pedestrian crash early Tuesday...
“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
Oregon – “I refuse to let the U.S. sleepwalk into a dangerous nuclear deal with Saudi Arabia. The law gives...
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...
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Eugene3 days 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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Oregon3 days 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
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Eugene3 days ago
44-year-old man arrested after allegedly striking contractor in the head with skateboard and attacking another with wooden stick
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Eugene3 days ago
Eugene considers new micro village housing rules to expand affordable housing options as City Council schedules public hearing
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Eugene3 days ago
Eugene man arrested for DUII after police find gun with scratched-off serial number in BMW parked in middle of road
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Eugene3 days ago
Eugene Springfield Fire thanks local businesses for helping families learn about battery safety and proper disposal
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Eugene11 hours ago
Gov. 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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Eugene11 hours ago
Oregon 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