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Oregon cancels its long-held policy with Lloyd s of London

The Oregon Department of Forestry has cancelled an insurance policy that has over the years reduced the cost of fighting wildfires; it had acquired sky-high deductibles over the last few years.ODF said it will not renew its policy with Lloyd’s of London, a UK-based insurance market, in the 2023-2024 policy year.

Oregon Dept of Forestry decides not to renew costly firefighting insurance policy with Lloyd s of London

Oregon Dept of Forestry decides not to renew costly firefighting insurance policy with Lloyd s of London
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