Prohibits an insurer from canceling fire insurance policies, or raising policy premiums by more than three percent, if an insured's property is…
- Introduced Jan 13, 2025
- In committee Jan 17, 2025
- Died
- Passed the House
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
Tells an insurer in some cases not to raise the price of a policy of fire insurance by more than three percent each year or cancel the policy. The cases are if the policy holder lives near wild land or works at farming, logging, mining or similar work. (Flesch Readability Score: 62.6). Prohibits an insurer from canceling fire insurance policies, or raising policy premiums by more than three percent, if an insured's…
Read the full title (139 words)
Tells an insurer in some cases not to raise the price of a policy of fire insurance by more than three percent each year or cancel the policy. The cases are if the policy holder lives near wild land or works at farming, logging, mining or similar work. (Flesch Readability Score: 62.6). Prohibits an insurer from canceling fire insurance policies, or raising policy premiums by more than three percent, if an insured's property is located within the wildland-urban interface or the insured's primary employment or economic or business activity is farming or resource extraction. Specifies exceptions. Requires the Department of Consumer and Business Services to determine by rule how to measure employment or economic or business activity for the purposes of qualifying for limitations on cancellations and policy increases. Takes effect on the 91st day following adjournment sine die.
Read the full official title (42 words)
Prohibits an insurer from canceling fire insurance policies, or raising policy premiums by more than three percent, if an insured's property is located within the wildland-urban interface or the insured's primary employment or economic or business activity is farming or resource extraction.
Every action
3 steps, oldest first, as the legislature records them.
- SenateIntroduction and first reading. Referred to President's desk.
- CommitteeReferred to Natural Resources and Wildfire. · Senate Natural Resources and Wildfire
- SenateIn committee upon adjournment.
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it.
-
David Brock SmithR Primary sponsor · District 1
From Oregon's official records (api.oregonlegislature.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.