OR | The Oregon Department of Consumer and Business Services today amended its previous wildfire order. Under the amended order, insurers must:
- Extend all deadlines for policyholders to report claims or submit other communications related to claims
- Take all practicable steps to provide opportunities for policyholders to report claims
- Immediately institute a grace period for premium payments for all insurance policies issued, delivered, or covering a risk in the affected areas
- Suspend cancellations and nonrenewals
Click here to read the amended order.
Additionally, the Division of Financial Regulation issued two bulletins related to the wildfires. Click on the links below to read each document.