HB 2449

  • Oregon House Bill
  • 2023 Regular Session
  • Introduced in House Jan 09, 2023
  • House
  • Senate
  • Governor

Relating to fire insurance that covers property located in the wildland-urban interface; prescribing an effective date.

Abstract

Prohibits insurer from canceling or raising premiums on policies of fire insurance by more than three percent if insured's property is located within wildland-urban interface or insured's primary employment or economic or business activity is farming or resource extraction. Specifies exceptions. Requires Department of Consumer and Business Services to determine by rule how to measure employment or economic or business activity for purposes of qualifying for limitations on cancellations and policy increases. Takes effect on 91st day following adjournment sine die.

Bill Sponsors (10)

Votes


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Actions


Jun 25, 2023

House

In committee upon adjournment.

Feb 27, 2023

House

Public Hearing held.

Jan 16, 2023

House

Referred to Business and Labor.

Jan 09, 2023

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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