AAIS - American Association of Insurance Services Inc.

10/29/2021 | News release | Distributed by Public on 10/29/2021 11:07

Oregon’s Division of Financial Regulation (DFR)

Oregon's Division of Financial Regulation (DFR) Seeking Information Regarding Prescribed Fire Coverage

Oregon's Division of Financial Regulation (DFR) is seeking information regarding prescribed fire coverage. This data call is focused on identifying companies that offer this coverage in the state of Oregon, as well as companies offering this coverage in any other state.

For the purpose of this data call, prescribed fire coverage is defined as coverage for liability caused by or resulting from prescribed fires.

Prescribed fires are defined as planned fires. They are also sometimes called controlled burns or prescribed burns. Prescribed fires may be used as a tool for reducing amounts of vegetation (fuels) that contribute to extreme wildfire situations.

Please note: DFR will accept submissions that include multiple company responses. Each company included must have complete information in the reporting template. Submissions with incomplete information, or not using the provided reporting template, will be rejected.

All companies must submit completed reporting templates by end of day Friday, Nov. 5, 2021. Extension requests will not be granted.

Template fields to be reported

Submitted By Information - Include the name, title, phone number, and email address for the person submitting this data call on behalf of the company, or companies, included.

Company Name - Provide the full name for each insurance company included.

Company NAIC Code - Provide the five-digit NAIC company code for each insurance company included.

Does this company offer prescribed fire coverage in the state of Oregon? (Yes or No) - If the company does offer prescribed fire coverage in the state of Oregon, based on the definition provided, respond with Yes. If the company does not, respond with No.

Does this company offer prescribed fire coverage in any other state? (Yes or No) - If the company does offer prescribed fire coverage in any state other than Oregon, based on the definition provided, respond with Yes. If the company does not, respond with No.

Primary and Secondary Contact Information - This information is required only if the company answers yes to either question regarding the offering of prescribed fire coverage. A primary and secondary contact must be provided. At least one contact must be a direct email and not a general or team inbox.

See the Bulletin for further information.

Any questions about this bulletin, please contact:[email protected].