{"id":"OR-019","kind":"order","level":"sector-regulator","jurisdiction":"Oregon","state":"OR","metro":"","industry":"","agency":"","eco":"","issuer":"Director, Department of Consumer and Business Services (Division of Financial Regulation)","authority":"ORS 731.870","instrument":"Property and Casualty Insurance Order (May 22, 2020)","title":"Extending and modifying the March 25, 2020 emergency insurance order for property and casualty insurers","dateIssued":"2020-05-22","effective":"2020-05-24","end":"","startDate":"2020-05-24","endDate":"2020-06-22","quarters":["2020Q2","2020Q3"],"types":["OTHER"],"addressees":["all insurers transacting property and casualty insurance in Oregon"],"clause":"On March 25, 2020, the Director..., acting under the authority in ORS 731.870, issued an order directing all insurers transacting insurance in Oregon to extend deadlines for reporting claims, institute grace periods for premium payment, suspend all cancellations and non-renewals, and provide other specified relief to Oregon insureds. On April 23, 2020, the Director extended the duration of the March 25 order to be in effect through May 23, 2020.... This Order takes effect on May 24, 2020, and will be in force through June 22, 2020. This Order terminates the March 25, 2020 order for P\u0026C insurers. For all other insurance companies and all other applicable lines of insurance, the March 25 order continues in force.","enforcement":"Insurance Code (ORS ch. 731) enforcement by the Director","functions":["IN insurance (grace periods, cancellation bar, claim deadlines)","SV servicing and collections","CB premium relief"],"notes":"Recites EO 20-03 and EO 20-12 as findings. Companion orders: health insurers May 6, 2020; long-term care, life and disability May 28, 2020 (DFR release).","sourceUrl":"https://dfr.oregon.gov/business/reg/Documents/20200522-insurance-pnc-EO.pdf","snapshot":"","fileExists":true,"fileBytes":1445429,"grade":"primary","character":"","description":"","collection":"OR","url":"/library/OR-019","exhibitUrl":"/exhibit/OR-019","citation":"Director, Department of Consumer and Business Services (Division of Financial Regulation), Property and Casualty Insurance Order (May 22, 2020) (Ex. OR-019)","stateName":"Oregon","related":["OR-008"]}