Compliance Alerts

Oregon Enacts House Bill 2563

Written by AAIS | Jul 10, 2025

Oregon has enacted House Bill 2563, which, among other provisions, states that an insurer that renews an existing homeowners or personal insurance policy with an insured must give a clear and reasonable written explanation for any increase in premium at the insured's written request. The explanation of a premium increase must include all, but not more than four, of the factors that most significantly contributed to the increase.

 

Please see House Bill 2563 for more information.