Property Insurance Analysis Services

2026-11-03

The State of Oregon , acting by and through the Department of Consumer and Business Services , Division of Financial Regulation , (“ Agency ”), is issuing this Request for Proposal ( RFP ) under the provisions of ORS 279B . 060 for Property Insurance Market Study and Feasibility Analysis Services . Agency is seeking professional consulting services to conduct a comprehensive study as required by the 2025 Oregon Senate Bill 829 ( SB 829 ). The bill mandates Agency to produce an annual report due to the legislature each December on : • The feasibility and cost of a state - operated reinsurance program to stabilize and reduce insurance premiums of property and liability insurance for affordable housing as defined in ORS 197A . 445 , homeowners , single family / multifamily / high density living dwellings , and Other Residences in Oregon and any additional insurance coverages needed by affordable housing providers / operators . • An evaluation of alternative insurance mechanisms , including claims capture systems and risk pooling ; and • A survey of existing insurance products in the admitted market , surplus lines , and the Oregon FAIR Plan Association , including a zip code - level analysis of coverage availability and affordability

Oregon

2026-04-08