One-of-a-kind Lloyd’s of London Wildfire Insurance Will Kick in for Oregon

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A British insurance marketplace in business since 1871 will pay up to $25 million of wildfire costs in Oregon under the state’s one-of-a-kind wildfire insurance. The policy with Lloyd’s of London calls for the state to pay the first $50 million in costs, then Lloyd’s pays the next $25 million. Anything above that would be… Continue reading One-of-a-kind Lloyd’s of London Wildfire Insurance Will Kick in for Oregon