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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.
Baby was Ieft to die when his mother wrapped the minutes-old chiId in a towel after deIivering the newborn in a toiIet, then placed him in a disposaI bin because she had no wish to have any more chiIdren: police
Nevada – Nevada authorities took 28-year-old T. Dikinson into custody on multiple charges, including attempted murder and first‑degree chiId abuse, negIect,...
Eugene firefighters battle three suspicious brush fires in early morning hours along East Bank Bike Path
Eugene, OR – Eugene Springfield Fire crews responded to a series of suspicious brush fires early Monday morning, with three...
Dozens begin careers in emergency response as 43 new recruits enter Eugene Springfield Fire EMS academy
Eugene, OR – On Monday, 43 individuals officially began their journey into emergency services as they entered the Eugene Springfield...
19-year-old taken into custody on drug and weapon charges after early morning contact at Skinner Butte Park
Eugene, OR – A Eugene Police officer arrested a man at Skinner Butte Park early Saturday morning after discovering a...
Propane leak shuts down section of Danebo during emergency response in west Eugene
Eugene, OR – Danebo Avenue between Roosevelt Boulevard and West 11th Avenue was closed to traffic Monday morning as emergency...
Governor Kotek invokes Emergency Conflagration Act for Elk Fire in Klamath County as wildfire threat grows
Oregon – Governor Tina Kotek has invoked the Emergency Conflagration Act in response to the Elk Fire burning in Klamath...
Eugene braces for heat advisory as temperatures near 100 degrees, splash pads open daily to help residents stay cool
Eugene, OR – The National Weather Service has issued a heat advisory for the Eugene area on Saturday, July 13, with...
Firefighters contain South Hills house fire in Eugene, prevent spread to nearby trees and homes
Eugene, OR – A house fire broke out Saturday morning in Eugene’s South Hills, prompting a swift response from Eugene...
Eugene seeks creative frightful features for Halloween celebration
Eugene, OR — As Halloween Downtown returns this October, the City of Eugene’s Cultural Services division is calling on local...
Eugene Springfield Fire responded to vehicle fire after rollover crash
Eugene, OR — On July 9 at approximately 3:35 p.m., Eugene Springfield Fire crews responded to a vehicle that had...
34-year-old suspect wanted for murder apprehended by Eugene police using license plate reader system
Eugene, OR – Eugene Police Department successfully arrested Isiah Terrell Taylor, 34, a suspect wanted by the Milwaukee Police Department...
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Eugene7 days ago
Firefighters contain South Hills house fire in Eugene, prevent spread to nearby trees and homes
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Oregon7 days ago
Governor Kotek invokes Emergency Conflagration Act for Elk Fire in Klamath County as wildfire threat grows
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Eugene5 days ago
19-year-old taken into custody on drug and weapon charges after early morning contact at Skinner Butte Park
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Eugene7 days ago
Eugene braces for heat advisory as temperatures near 100 degrees, splash pads open daily to help residents stay cool
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Eugene5 days ago
Propane leak shuts down section of Danebo during emergency response in west Eugene
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Eugene5 days ago
Dozens begin careers in emergency response as 43 new recruits enter Eugene Springfield Fire EMS academy
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Eugene5 days ago
Eugene firefighters battle three suspicious brush fires in early morning hours along East Bank Bike Path
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Eugene1 week ago
34-year-old suspect wanted for murder apprehended by Eugene police using license plate reader system