Oregon employers on average will pay less for workers’ compensation coverage in 2021, the Oregon Department of Consumer and Business Services announced today. The decline in costs marks eight years of average decreases in the pure premium rate – the …
The Oregon Department of Consumer and Business Services’ Division of Financial Regulation extended its emergency orders for property/casualty, long-term care and life and disability insurance. The department made a similar extension announcement in June. The orders mean that the most …
The Oregon Department of Consumer and Business Services’ Division of Financial Regulation extended its emergency orders for property/casualty, long-term care, and life and disability insurance. The orders mean that the most common insurance policies, such as auto, home, term and …
The Oregon Department of Consumer and Business Services has issued emergency orders related to COVID-19 for insurance companies providing property/casualty, long-term care, and life and disability insurance. The orders require insurance companies providing these policies to do the following: Provide …
The Oregon Department of Consumer and Business Services has extended its emergency order on insurance deadlines. The order requires all insurance companies to extend grace periods for premium payments, postpone policy cancellations and nonrenewals, and extend deadlines for reporting claims …
The Oregon Department of Consumer and Business Services announced an 8.4% average reduction in pure premium rates for employers in 2020. The department each year adopts by rule the workers’ comp premium assessment rate that is paid by all employers …
Workers’ compensation premium rates fell considerably nationwide, while California continued to see among the worst rates in the nation, according to a new study out from the Oregon Department of Consumer and Business Services. The department puts out its Oregon …
Oregon employers next year will pay an average of $1.12 per $100 of payroll for workers’ compensation insurance, down from $1.23 in 2018, under a proposal by the Oregon Department of Consumer and Business Services. This will mark the sixth …
The Oregon Department of Consumer and Business Services has named Andrew Stolfi administrator of the division of Financial Regulation. Stolfi’s first day at DCBS will be Feb. 1. He replaces Laura Cali, who is now the chief financial officer at …
Oregon employers will see a key portion of their workers’ compensation costs drop by an average of 14 percent in 2018, according to the Department of Consumer and Business Services. This marks the fifth year in a row that businesses …
