Insurance Companies Not Using New Wildfire Map
Insurance companies in Oregon did not use, and currently have no plans to use, the state wildfire risk map in their decision-making, according to data released today by the Oregon Division of Financial Regulation. During informal discussions before the state wildfire risk map was released, insurers told the division they were not planning on using the map. Once concerns were raised during public listening sessions on the new map, the division put out a formal data call to all relevant insurers doing business in Oregon to confirm they were not using or planning to use the state wildfire risk ma...
Source: mycentraloregon.com
