The Oregon Department of Consumer and Business Services issued an emergency order on March 25, 2020. The order provides protection to people and businesses struggling because of the disruptions caused by the COVID-19 outbreak. The order requires all insurance companies to postpone policy cancellations and nonrenewals, extend grace periods for premium payments, and extend deadlines for reporting claims.
The Division of Financial Regulation is sharing the frequently asked questions it has received to help insurers comply with the department’s order. The FAQs will be updated regularly.
Visit the Emergency order FAQ page to review answers to questions related to the order.
Visit the COVID-19 regulated businesses page to review the latest industry news and guidance issued by the division.
Sorry, comments are closed for this post.