Oregon

Oregon Baby Still Battling Botulism After ByHeart Formula Exposure

Health Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

A Portland, Oregon, boy is struggling to recover from infant botulism after drinking contaminated ByHeart baby formula donated through a program that aims to help poor and homeless families. Ashaan Carter, now 10 months old, was hospitalized twice and remains on a feeding tube after contracting the dangerous infection that has sickened more than 50 […]

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Buffett’s Oregon Utility Says Fire Lawsuits Pose Shutdown Risk

Life Insurance /
Buffett’s Oregon Utility Says Fire Lawsuits Pose Shutdown Risk

Berkshire Hathaway Inc.’s PacifiCorp says ongoing litigation from massive wildfires in 2020 that exposed the company to billions of dollars in damages is jeopardizing its ability to continue providing power to hundreds of thousands of customers in Oregon. In an emergency court filing Friday, the company said a Portland judge has set up an “impossible

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SAIF in Oregon Declares $50 Million Dividend

Health Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

SAIF’s board of directors has declared a $50 million dividend for more than 50,000 workers’ compensation policyholders. In October, 50,757 policyholders are set to receive the dividend, which will be calculated based on the premium for policies that ended in 2024. This is the 16th consecutive dividend given to SAIF policyholders. According to Chip Terhune,

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Oregon Division of Financial Regulation Earns NAIC Accreditation

Auto Insurance /
Oregon Division of Financial Regulation Earns NAIC Accreditation

The Oregon Division of Financial Regulation (DFR) recently received its five-year accreditation from the National Association of Insurance Commissioners (NAIC). The purpose of NAIC accreditation is to ensure that state insurance departments meet baseline standards of solvency regulation, particularly with respect to regulation of multi-state insurers. Accreditation is awarded only after a detailed, comprehensive review

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