HB 3412

  • Oregon House Bill
  • 2019 Regular Session
  • Introduced in House Mar 27, 2019
  • House
  • Senate
  • Governor

Relating to insurance policies against risks of loss to property.

Abstract

Requires insurer in policy against risk of loss to property to provide that insurer include, at request of first-party claimant, amount of claimant's deductible in demand when exercising subrogation rights under policy, that insurer share proportionately with claimant proceeds of settlement or judgment and that insurer may not deduct expenses from proceeds unless insurer retains outside attorney, in which case insurer may deduct pro rata amount for expenses of retaining attorney.

Bill Sponsors (1)

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Actions


Jul 01, 2019

House

In committee upon adjournment.

Mar 28, 2019

House

Referred to Business and Labor.

Mar 27, 2019

House

First reading. Referred to Speaker's desk.

Bill Text

Bill Text Versions Format
Introduced PDF

Related Documents

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Sources

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