Oregon
Oregon’s property ‘insurer of last resort’ increases coverage limits, hires new executive director – KTVZ
SALEM, Ore. (KTVZ) – The Oregon FAIR Plan Association board of directors recently approved an increase in coverage limits for personal and commercial dwellings in the face of statewide increased wildfire risk and increased housing values and construction costs. The board also hired Stephen Steinbeck as executive director.
The board increased the retention limits for the FAIR Plan, the state’s insurer of last resort, to $600,000 for personal dwellings and farms and $1 million for commercial dwellings at the urging of the Oregon Division of Financial Regulation (DFR). The previous coverage limits were $400,000 and $700,000. A retention limit is the maximum amount an insurance company will pay for claims. The new limits expand the protection offered to Oregon consumers as housing values and construction costs continue to increase. The new limits became effective May 1 and is the first increase in coverage limits since 2016.
“The FAIR Plan coverage increases were needed and it will allow the association to be accessible to more Oregon residents who need this type of insurance,” said Insurance Commissioner Andrew Stolfi, who is also the director of the Department of Consumer and Business Services (DCBS), which includes DFR.
The Oregon Legislature created the Oregon FAIR Plan Association in 1971 as a nonprofit licensed insurance company supported by its member companies. Every insurance company licensed to write property insurance in Oregon is required to be a member. The FAIR Plan Association is not a State of Oregon entity and receives no tax dollars.
The FAIR Plan, as the insurer of last resort, serves people and businesses who cannot get insurance in the standard market. It operates much like a small insurance company, writing only property insurance for dwellings, commercial property, and farms. The FAIR Plan issues all policies out of its office and handles and investigates all reported losses with independent local adjusters.
The hiring of Steinbeck gives the association someone with nearly three decades of industry experience. He recently spent the past eight years as a senior manager for Oregon Mutual Insurance in McMinnville and before that spent 21 years in various roles with Nationwide Insurance.
“Insurance can be very confusing, so finding ways to explain coverage in simple ways that make sense and unraveling some of the mystery of buying insurance coverage has been the challenge,” Steinbeck said. “The FAIR Plan has an added challenge in that we are serving a clientele with unique needs and often emotional challenges because they were turned down by the standard market.”
Steinbeck will work closely with DFR and Commissioner Stolfi, who serves on the FAIR Plan Association’s board. Steinbeck will be responsible for overseeing all operations, developing strategies and plans for accommodating growth, and ensuring that the Oregon FAIR Plan continues to provide quality insurance coverage to its customers.
“We are excited to have Steve on board,” Stolfi said. “He brings a wealth of knowledge and expertise to this position, having worked in various insurance leadership roles over the years. He is dedicated to continuing the mission of offering fair and equitable access to property insurance for people in Oregon.”
Steinbeck said that the Oregon FAIR Plan is often a stepping stone to getting back into the standard insurance market.
“Our goal is to help each client find ways to make their time with us as short as possible,” he said. “Our primary goal is to get the insured out of our organization and back to the standard insurance market as quickly as possible.”
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About Oregon DFR: The Division of Financial Regulation is part of the Department of Consumer and Business Services, Oregon’s largest business regulatory and consumer protection agency. Visit dfr.oregon.gov and www.dcbs.oregon.gov.
Oregon
Which Oregon politicians are going to Donald Trump’s inauguration? See the list
Controversial world leaders invited to Trump’s inauguration
Donald Trump’s inauguration guest list is breaking tradition, as he has invited a number of controversial world leaders, signaling his continued alignment with right-wing figures.
unbranded – Newsworthy
Inauguration Day, when President-elect Donald Trump will officially return to the White House, will take place Monday.
Trump will be sworn in at the U.S. Capitol Rotunda after the inauguration was moved indoors due to forecast cold weather in Washington, D.C. The last time an inauguration was moved indoors was 40 years ago for President Ronald Reagan in 1985.
Here is a list of Oregon politicians who told the Statesman Journal they will be attending or missing the inauguration as of Friday.
Is U.S. Labor Secretary nominee Lori Chavez-DeRemer attending President-elect Donald Trump’s inauguration?
Lori Chavez-DeRemer, Trump’s pick for U.S. secretary of labor and a former Oregon Republican Congresswoman, did not respond to the Statesman Journal’s inquiry on Friday asking if she would attend the inauguration.
Is Oregon Gov. Tina Kotek attending President-elect Donald Trump’s inauguration?
No, Gov. Tina Kotek, a Democrat, is not attending the inauguration.
Is U.S. Sen. Ron Wyden attending President-elect Donald Trump’s inauguration?
No, U.S. Sen. Ron Wyden, an Oregon Democrat, is not attending the inauguration. A representative from Wyden’s office said the senator was hosting planned townhalls in Oregon over the weekend and would be visiting the Providence nurses on strike in Portland before returning to Washington, D.C., Monday for evening votes.
Is U.S. Sen Jeff Merkley attending President-elect Donald Trump’s inauguration?
Yes, U.S. Sen. Jeff Merkley, an Oregon Democrat, is planning to attend the inauguration.
Is U.S. Rep. Andrea Salinas attending President-elect Donald Trump’s inauguration?
Yes, U.S. Rep. Andrea Salinas, an Oregon Democrat, is planning to attend the inauguration.
Is U.S. Rep. Val Hoyle attending President-elect Donald Trump’s inauguration?
Yes, U.S. Rep. Val Hoyle, an Oregon Democrat, is planning to attend the inauguration, although recent venue changes may affect her decision.
Is U.S. Rep. Suzanne Bonamici attending President-elect Donald Trump’s inauguration?
No, U.S. Rep. Suzanne Bonamici, an Oregon Democrat, will not attend the inauguration. A represent from her office said Bonamici will be gathering with immigration advocates, attending an MLK Day breakfast with community leaders and volunteering with an organization that serves homeless youth.
“I will not be attending the inauguration in DC this year. Martin Luther King Jr. Day is a day of service and I will be spending it in Oregon with community members and organizations who are working to create a better future,” Bonamici said.
Is U.S. Rep. Cliff Bentz attending President-elect Donald Trump’s inauguration?
Yes, U.S. Rep. Cliff Bentz, an Oregon Republican, is planning to attend the inauguration, although recent venue changes may affect his decision.
Is U.S. Rep. Janelle Bynum attending President-elect Donald Trump’s inauguration?
Yes, U.S. Rep. Janelle Bynum, an Oregon Democrat, will attend the inauguration.
Is U.S. Rep. Maxine Dexter attending President-elect Donald Trump’s inauguration?
U.S. Rep. Maxine Dexter, an Oregon Democrat, was unsure if should would be attending the inauguration when contacted by the Statesman Journal on Friday.
Ginnie Sandoval is the Oregon Connect reporter for the Statesman Journal. Sandoval can be reached at GSandoval@gannett.com or on X at @GinnieSandoval.
Oregon
Powerball ticket worth $328.5 million sold in Oregon
Powerball, Mega Millions jackpots: What to know in case you win
Here’s what to know in case you win the Powerball or Mega Millions jackpot.
Just the FAQs, USA TODAY
The first Powerball jackpot of 2025 was sold in Oregon and is worth $328.5 million, according to lottery officials.
The winner purchased the winning ticket in Beaverton on Thursday, Jan. 17, the Oregon Lottery said. The retail location will not be revealed until a winner has come forward.
The winning numbers for the Saturday drawing were: 14, 31, 35, 64 and 69 and Powerball 23.
The winner has a year to claim their prize, Oregon Lottery spokesperson Melanie Mesaros said. After the winning ticket is presented, “it will take time before a winner can be identified due to security and payment processes.”
Oregon lottery winners, with few exceptions, cannot remain anonymous, Mesaros said.
The winner will have a choice between an annuitized prize of $328.5 million or a lump-sum payment of $146.4 million, according to lottery officials, which are both options before taxes.
Last year, the largest Powerball prize won in Oregon — a $1.3 billion jackpot — was split between a Portland man, his wife, and friend.
Before Saturday, the most recent Powerball jackpot was sold in December in New York and was worth $256 million.
Powerball is a multi-state jackpot operated by 44 states, plus the District of Columbia, the U.S. Virgin Islands and Puerto Rico.
Fernando Cervantes Jr., a news reporter for USA TODAY, contributed to this story.
Cherrill Crosby is the executive editor of the Statesman Journal and The Register-Guard. Reach her at crosbyc@gannett.com
Oregon
Oregon’s Dan Lanning visits 5-star recruit Cantwell, top TE Premer during Midwest run
Oregon head football coach Dan Lanning has been a busy man.
But when you’re the man tasked with running one of the top college football programs in the country, burning jet fuel to shake hands and take photos is a big part of the gig. And Lanning was doing plenty of that last week.
A native of Kansas City, Mo., Lanning returned home last week on a two-day tear recruiting some of the top 2026 prospects in the country.
Lanning’s known stops included Lee’s Summit on Jan. 16, where the Tigers have 2027 interior line prospect Zach Harsha (6-5, 260) and 2028 tight end Max Trillo (6-4, 225).
He was even busier the following day. He had stops at Raymore-Peculiar, where he visited with and offered four-star uncommitted running back DeZephen Walker (6-0, 205) who is believed to be heavily considering Kansas and Nebraska.
He also headed to Illinois, where he swung by Lincoln-Way East to visit with quarterback Jonas Williams, who agreed with the Ducks on Aug. 3, 2024,
A trip to the Springfield, Mo. area was also on the docket, as Lanning traveled to Nixa High School to again meet with the country’s No. 1 2026 offensive lineman, Jackson Cantwell, on Jan. 16. The 6-8, 315 offensive tackle has offers from just about everyone in the country, though he has spoken highly of Lanning and his relationship with the Ducks coach – making Oregon one of the favorites for his services.
Cantwell was honored by the Kansas City Chiefs on Jan. 18 during their AFC Divisional playoff game against the Houston Texans after he was selected to represent the Chiefs at the ‘Nike Ones’ showcase during Super Bowl weekend in New Orleans.
Lanning concluded his trip with a little basketball in Hutchinson, Kan., where he watched Great Bend tight end Ian Premer (6-6, 215) – the top tight end in the 2026 class – take on Hutchinson. Premer, a three-sport star in football, basketball and baseball, impressed with 22 points in the game.
The Midwest swing adds to a busy month for Lanning, who also has been spotted with Utah No. 1 athlete Salasi Moa and recently secured a visit with top 2026 quarterback and Nashville native Jared Curtis.
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