As the risk of another fire season approaches, the state will rely on its unique policy again in 2021. As the state’s traditional fire season approaches, Oregon wildfire insurance will be provided by the unique $25 million policy through Lloyd’s of London. The oldest insurance marketplace in the world has been providing this coverage since 1973. The state Department of Forestry has purchased the Oregon wildfire insurance against losses for nearly fifty years. This is a unique coverage as no other state has coverage against wildfires. “It’s a catastrophic firefighting…
Read MoreOregon wildfire insurance may continue through Lloyd’s of London
