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DCBS Suspends Policy Cancellations, Non-Renewals

Thursday, March 26, 2020 | 99 | 0 | 13 min read

The Oregon Department of Consumer and Business Services on Wednesday issued an order requiring all carriers to immediately suspend cancellations and non-renewals for all active policies until at least April 23. Carriers must withdraw any notice of cancellation or non-renewal that has been issued and provide insureds with a notice that the cancellation and non-renewal are suspended. The department’s order also requires carriers to extend all deadlines for policyholders to report claims or submit documents relating to claims. And carriers must take all practical steps to allow policyhold...

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