Oregon Issues Wildfire Emergency Order and Bulletin for Insurers

October 19, 2020

The Oregon Department of Consumer and Business Services’ Division of Financial Regulation has issued a new wildfire emergency order.

The order took effect after the current emergency order expired on Oct. 18.

  • The order means that insurance companies must take steps to do the following until the order expires:
  • 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

The division also issued a bulletin to provide an updated list of ZIP codes for which the order applies.

Was this article valuable?

Here are more articles you may enjoy.