There’s a perfect storm brewing for property owners in Oregon, especially those who live in the more rural parts of the state.
The first factor is our ever-increasing wildfire season and the risks of catastrophic damage. The second is an insurance industry that is always looking to mitigate risk. The third is a silent migration of insurance carriers who are leaving Oregon altogether.
Today on Oregon On The Record, you’ll hear from Alex Baumhardt, a reporter at the Oregon Capitol Chronicle aboutthis escalating problem for property owners in our state. She found that insurance premiums are skyrocketing, yet the number of companies willing to write policies is dwindling. Big states like Florida and California are already seeing carriers flee those states. And Oregon could be next.
We’ll also air a conversation with Bethany Cartledge, the new Executive Director of St. Vincent DePaul Society of Lane County who takes over for the organization’s long-time leader.
All this on Oregon On the Record.
