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Insurance companies are dropping home coverage in Oregon due to wildfire risk

Summary by Ground News
State officials say insurance companies were choosing to not renew home policies before SB 762 was signed. California has created a state law that places a one-year moratorium on insurance companies. Chris Adlam is a regional fire specialist at Oregon State University's extension service fire program. He hopes Oregon can be a powerful ally in promoting these practices.

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Insurance companies are dropping home coverage in Oregon due to wildfire risk

PORTLAND, Ore. (KOIN) – After recent years of massive wildfires across the Western United States, several insurance companies are choosing not to renew certain home insurance policies due to a property's risk of wildfire.  Chris Adlam is a regional fire specialist at Oregon State University’s extension service fire program in Southwest Oregon. He’s heard about insurance providers canceling Oregonians’ home policies due to fire risk and on Monday…

·Portland, United States
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KOIN 6 broke the news in Portland, United States on Friday, December 2, 2022.
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