DCBS Media ReleaseMay 27, 2004 Homeowners invited to comment on insurance problems at forum(Eugene, Ore.) The Oregon Department of Consumer & Business Services (DCBS) is inviting the public to share concerns about homeowner insurance at a June 7 forum in Eugene. "We've received a growing number of complaints from homeowners who believe they're not being treated fairly by their insurance company," said DCBS Director Cory Streisinger. "The Eugene forum, along with an earlier hearing we held in Portland, will help us determine how widespread the problems are and whether administrative or legislative remedies may be needed to protect Oregon consumers." The public forum will run from 6-8 p.m. Monday, June 7, at Harris Hall in the Lane County Public Service Building, 125 East 8th Avenue. Representatives from several insurance industry and consumer groups have been invited to attend, in addition to the general public. The DCBS Insurance Division regulates the sale of insurance products and services in Oregon. The division monitors the insurance market and works to ensure the financial soundness of insurers, the availability and affordability of insurance, and fair treatment of policyholders and claimants. Complaints to the Insurance Division about canceled or non-renewed homeowner policies have increased fourfold since 2000, while complaints about premiums more than tripled during the same period. More information about the forum is available from Michael Morter of the Insurance Division, 503-947-7038. Written comments may also be mailed to Morter at the Insurance Division, PO Box 14480, Salem
OR 97309-0405, e-mailed to Michael.H.Morter@state.or.us, or faxed to 503-378-4351. Comments for the forum record will be accepted until June 21. |
