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News Release

Workplace Safety And Health Learning Opportunities Coming To Southern Oregon In October (Photo) - 09/10/25

A three-day event in southern Oregon will feature a variety of workshops and presentations designed to help employers and workers improve on-the-job safety and health. Topics include hazard identification, fall protection, safety committees, confined spaces, respiratory protection, cultural change, and human resources concerns.

In addition to addressing many safety and health topics, the Southern Oregon Occupational Safety & Health Conference – to be held Oct. 14-16 at the Ashland Hills Hotel & Suites in Ashland – offers a preconference workshop with first aid, CPR, and automated external defibrillator certification, and a professional development workshop on leadership and resolving conflicts. A special guest of the conference, Scott Shumway, principal of Emiment LLC, will lead the Tuesday, Oct. 14, workshop on leadership and conflict resolution.

The conference is a joint effort of the Southern Oregon Chapter of the American Society of Safety Professionals and Oregon OSHA.

The three-day event features keynote speakers, including Jeff Crapo of Ethos Consulting Team LLC and Ethos Academy. On Wednesday, Oct. 15, Crapo will engage participants in fostering a positive team culture where people look out for one another, remain motivated under pressure, and communicate effectively – even when delivering tough messages.

Workplace Safety And Health Learning Opportunities Coming To Southern Oregon In October (Photo) - 09/10/25

A three-day event in southern Oregon will feature a variety of workshops and presentations designed to help employers and workers improve on-the-job safety and health. Topics include hazard identification, fall protection, safety committees, confined spaces, respiratory protection, cultural change, and human resources concerns.

In addition to addressing many safety and health topics, the Southern Oregon Occupational Safety & Health Conference – to be held Oct. 14-16 at the Ashland Hills Hotel & Suites in Ashland – offers a preconference workshop with first aid, CPR, and automated external defibrillator certification, and a professional development workshop on leadership and resolving conflicts. A special guest of the conference, Scott Shumway, principal of Emiment LLC, will lead the Tuesday, Oct. 14, workshop on leadership and conflict resolution.

The conference is a joint effort of the Southern Oregon Chapter of the American Society of Safety Professionals and Oregon OSHA.

The three-day event features keynote speakers, including Jeff Crapo of Ethos Consulting Team LLC and Ethos Academy. On Wednesday, Oct. 15, Crapo will engage participants in fostering a positive team culture where people look out for one another, remain motivated under pressure, and communicate effectively – even when delivering tough messages.

Workers’ Compensation Pure Premium Rate To Drop For 13th-straight Year (Photo) - 09/08/25

Salem – On average, Oregon employers will pay less for workers’ compensation coverage in 2026, the Oregon Department of Consumer and Business Services (DCBS) announced today. The decline in costs marks 13 years of average decreases in the pure premium rate – the base rate insurers use to determine how much employers must pay for medical costs and lost wages.

Underpinning the cost decreases is the success of Oregon’s workers’ compensation system, which includes programs to control costs and encourage early return to work, maintain good worker benefits, ensure employers carry insurance for their workers, resolve disputes, and improve workplace safety and health.

The numbers illustrate positive, long-term trends, including:

Employers, on average, would pay 87 cents per $100 of payroll for workers’ compensation costs in 2026, down from 91 cents in 2025, under a proposal by DCBS. That figure is referred to as loaded pure premium and covers workers’ compensation claims costs, assessments, and insurer profit and expenses.
The pure premium rate would drop by an average 3.3 percent under the proposal. In fact, the pure premium per $100 of payroll will have declined by 46.5 percent from 2017 to 2026.

The reduction in costs is due to fewer claims entering the system over time, along with claims being generally less severe, according to the National Council on Compensation Insurance (NCCI). NCCI is the U.S. rate-setting organization whose recommendation DCBS reviews as part of its annual public process to decide rates.

Employers’ total cost for workers’ compensation insurance includes the pure premium and insurer profit and expenses, plus the premium assessment. Employers also pay at least half of the Workers’ Benefit Fund assessment, which is a cents-per-hour-worked rate.

The decrease in the pure premium of 3.3 percent is an average, so an individual employer may see a larger or smaller decrease, no change, or even an increase, depending on the employer’s own industry, claims experience, and payroll. Also, the pure premium does not consider the varying expenses and profit of insurers or modifications based on policyholders’ claim experience.

The stability of Oregon’s workers’ compensation system helps sustain the trend in lower costs. The system includes the Workers’ Compensation Division; Oregon OSHA; the Workers’ Compensation Board, which resolves disputes over the state’s workers’ compensation and workplace safety laws; the Ombuds Office for Oregon Workers, an independent advocate for workers on workers’ compensation and workplace safety and health; and the Small Business Ombudsman, an independent advocate for small business owners on workers’ compensation.

The premium assessment funds those successful programs.

The premium assessment, which is a percentage of the workers’ compensation insurance premium employers pay, is added to the premium. It would remain at 9.8 percent in 2026, the same as 2025, under the DCBS proposal. In fact, 2026 would mark the fifth-straight year the premium assessment remained at 9.8 percent.

“The continued decline in workers’ compensation costs shows the resiliency in making Oregon a safe place for workers,” said Sean O’Day, interim DCBS director. “That resiliency allows for good benefits for workers and reduced costs for employers.”

Meanwhile, the Workers’ Benefit Fund assessment funds return-to-work programs, provides increased benefits over time for workers who are permanently and totally disabled, and gives benefits to families of workers who die from workplace injuries or diseases.

The fund’s revenue comes from a cents-per-hour-worked assessment. The assessment would lower to 1.8 cents per hour worked in 2026. It would be the lowest rate since the inception of the cents-per-hour assessment in 1996.

The decrease in the pure premium will be effective Jan. 1, 2026, but employers will see the changes when they renew their policies in 2026.

Oregon’s workers’ compensation premium rates have ranked favorably compared to other states for many years. Oregon had the nation’s 14th least expensive rates in 2024, according to a nationally recognized biennial study conducted by DCBS.

The public hearings for the workers’ compensation assessment and the Workers’ Benefit Fund assessment are Thursday, Sept. 18, at 3 p.m. and 4 p.m., respectively.

Written testimony will be accepted through 5 p.m. Thursday, Sept. 25, by the Director's Office of the Department of Consumer and Business Services, P.O. Box 14480, Salem, OR 97309-0405.

The following cost chart summarizes the changes:

https://www.oregon.gov/DCBS/reports/cost/Documents/wc-summary.pdf

More information about Oregon workers’ compensation costs is at https://www.oregon.gov/DCBS/cost/Pages/index.aspx.

The loaded pure premium includes insurer costs, known as expense loading factors. Historic figures are adjusted to reflect the 2025 mix of employment and payroll.

Workers’ Compensation Cost Summary: Effective Jan. 1, 2026
What	Pays for	Cost/Change	Recent Rate History
Pure premium	Medical costs and benefits for lost wages. Excludes insurer expenses and profit.	Average 3.3 percent decrease from 2025.	2025: 3.2 percent decrease 2024: 6.7 percent decrease 2023: 3.2 percent decrease 2022: 5.8 percent decrease 2021: 5.6 percent decrease
Premium assessment	State regulatory costs to administer workers’ compensation and workplace safety programs.	9.8 percent of premiums for insured employers.	This amount is unchanged from 2025, 2024, 2023, and 2022. The rate was increased by 0.4 percentage point in 2022 and 1.0 percentage point in 2021.
Self-insured employer and self-insured employer group premium assessment	Self-insured employers and self-insured employer groups pay the premium assessment, plus an additional amount to fund reserves that ensure prompt payment of claims in the event of insolvencies.	0.1 percent for self-insured employers. 0.1 percent for public-sector self-insured groups. 0.5 percent for private-sector self-insured employer groups.	These amounts are unchanged from 2025.
Workers’ Benefit Fund (Payroll assessment)	Special benefits for certain injured workers and their families, and return-to-work programs.	1.8 cents per hour worked. Employers and employees split the cost.	The rate was 2.0 cents per hour in 2025 and 2024.

###

About Oregon DCBS: The Department of Consumer and Business Services is Oregon’s largest consumer protection and business regulatory agency. The department administers state laws and rules to protect consumers and workers in the areas of workers’ compensation, occupational safety and health, financial services, insurance, and building codes. Visit dcbs.oregon.gov.

Attached Media Files: Oregon Department of Consumer and Business Services logo,

Workers’ Compensation Pure Premium Rate To Drop For 13th-straight Year (Photo) - 09/08/25

Salem – On average, Oregon employers will pay less for workers’ compensation coverage in 2026, the Oregon Department of Consumer and Business Services (DCBS) announced today. The decline in costs marks 13 years of average decreases in the pure premium rate – the base rate insurers use to determine how much employers must pay for medical costs and lost wages.

Underpinning the cost decreases is the success of Oregon’s workers’ compensation system, which includes programs to control costs and encourage early return to work, maintain good worker benefits, ensure employers carry insurance for their workers, resolve disputes, and improve workplace safety and health.

The numbers illustrate positive, long-term trends, including:

Employers, on average, would pay 87 cents per $100 of payroll for workers’ compensation costs in 2026, down from 91 cents in 2025, under a proposal by DCBS. That figure is referred to as loaded pure premium and covers workers’ compensation claims costs, assessments, and insurer profit and expenses.
The pure premium rate would drop by an average 3.3 percent under the proposal. In fact, the pure premium per $100 of payroll will have declined by 46.5 percent from 2017 to 2026.

The reduction in costs is due to fewer claims entering the system over time, along with claims being generally less severe, according to the National Council on Compensation Insurance (NCCI). NCCI is the U.S. rate-setting organization whose recommendation DCBS reviews as part of its annual public process to decide rates.

Employers’ total cost for workers’ compensation insurance includes the pure premium and insurer profit and expenses, plus the premium assessment. Employers also pay at least half of the Workers’ Benefit Fund assessment, which is a cents-per-hour-worked rate.

The decrease in the pure premium of 3.3 percent is an average, so an individual employer may see a larger or smaller decrease, no change, or even an increase, depending on the employer’s own industry, claims experience, and payroll. Also, the pure premium does not consider the varying expenses and profit of insurers or modifications based on policyholders’ claim experience.

The stability of Oregon’s workers’ compensation system helps sustain the trend in lower costs. The system includes the Workers’ Compensation Division; Oregon OSHA; the Workers’ Compensation Board, which resolves disputes over the state’s workers’ compensation and workplace safety laws; the Ombuds Office for Oregon Workers, an independent advocate for workers on workers’ compensation and workplace safety and health; and the Small Business Ombudsman, an independent advocate for small business owners on workers’ compensation.

The premium assessment funds those successful programs.

The premium assessment, which is a percentage of the workers’ compensation insurance premium employers pay, is added to the premium. It would remain at 9.8 percent in 2026, the same as 2025, under the DCBS proposal. In fact, 2026 would mark the fifth-straight year the premium assessment remained at 9.8 percent.

“The continued decline in workers’ compensation costs shows the resiliency in making Oregon a safe place for workers,” said Sean O’Day, interim DCBS director. “That resiliency allows for good benefits for workers and reduced costs for employers.”

Meanwhile, the Workers’ Benefit Fund assessment funds return-to-work programs, provides increased benefits over time for workers who are permanently and totally disabled, and gives benefits to families of workers who die from workplace injuries or diseases.

The fund’s revenue comes from a cents-per-hour-worked assessment. The assessment would lower to 1.8 cents per hour worked in 2026. It would be the lowest rate since the inception of the cents-per-hour assessment in 1996.

The decrease in the pure premium will be effective Jan. 1, 2026, but employers will see the changes when they renew their policies in 2026.

Oregon’s workers’ compensation premium rates have ranked favorably compared to other states for many years. Oregon had the nation’s 14th least expensive rates in 2024, according to a nationally recognized biennial study conducted by DCBS.

The public hearings for the workers’ compensation assessment and the Workers’ Benefit Fund assessment are Thursday, Sept. 18, at 3 p.m. and 4 p.m., respectively.

Written testimony will be accepted through 5 p.m. Thursday, Sept. 25, by the Director's Office of the Department of Consumer and Business Services, P.O. Box 14480, Salem, OR 97309-0405.

The following cost chart summarizes the changes:

https://www.oregon.gov/DCBS/reports/cost/Documents/wc-summary.pdf

More information about Oregon workers’ compensation costs is at https://www.oregon.gov/DCBS/cost/Pages/index.aspx.

The loaded pure premium includes insurer costs, known as expense loading factors. Historic figures are adjusted to reflect the 2025 mix of employment and payroll.

Workers’ Compensation Cost Summary: Effective Jan. 1, 2026
What	Pays for	Cost/Change	Recent Rate History
Pure premium	Medical costs and benefits for lost wages. Excludes insurer expenses and profit.	Average 3.3 percent decrease from 2025.	2025: 3.2 percent decrease 2024: 6.7 percent decrease 2023: 3.2 percent decrease 2022: 5.8 percent decrease 2021: 5.6 percent decrease
Premium assessment	State regulatory costs to administer workers’ compensation and workplace safety programs.	9.8 percent of premiums for insured employers.	This amount is unchanged from 2025, 2024, 2023, and 2022. The rate was increased by 0.4 percentage point in 2022 and 1.0 percentage point in 2021.
Self-insured employer and self-insured employer group premium assessment	Self-insured employers and self-insured employer groups pay the premium assessment, plus an additional amount to fund reserves that ensure prompt payment of claims in the event of insolvencies.	0.1 percent for self-insured employers. 0.1 percent for public-sector self-insured groups. 0.5 percent for private-sector self-insured employer groups.	These amounts are unchanged from 2025.
Workers’ Benefit Fund (Payroll assessment)	Special benefits for certain injured workers and their families, and return-to-work programs.	1.8 cents per hour worked. Employers and employees split the cost.	The rate was 2.0 cents per hour in 2025 and 2024.

###

About Oregon DCBS: The Department of Consumer and Business Services is Oregon’s largest consumer protection and business regulatory agency. The department administers state laws and rules to protect consumers and workers in the areas of workers’ compensation, occupational safety and health, financial services, insurance, and building codes. Visit dcbs.oregon.gov.

Attached Media Files: Oregon Department of Consumer and Business Services logo,

FBI Seeks Information From Potential Victims In Health Care Fraud; Oregon Issued Order Against Company, Partial Owner In 2024 (Photo) - 09/04/25

Salem – The FBI is seeking information from potential victims as part of a health care fraud investigation against Bene Market Group or any of the companies it operates, one of which the Oregon Division of Financial Regulation (DFR) issued a cease-and-desist order against in 2024.

The division revoked the licenses of Seguro Medico LLC (doing business as Quick Health) and Arthur Walsh, who was Seguro’s partial owner, for violations of the Oregon Insurance Code. The order also permanently barred Walsh, Seguro Medico, and any related entities from getting an insurance license in Oregon.

DFR’s investigation found that Seguro enrolled consumers in insurance plans without their knowledge, sent inappropriate and inaccurate text communications, used false statements in sales scripts, used Walsh’s credentials to submit applications for other agents, and forged a former employee’s signature to submit applications. Seguro and Walsh also failed to report to DFR on orders against them in other states, did not reply truthfully to division inquiries, and did not update their address with DFR.

In May, the United States Attorney’s Office in the Eastern District of Pennsylvania charged Walsh and three others, as well as corporate defendants Seguro Medico LLC and Bene Market LLC with conspiracy and wire fraud offenses in connection with their execution of a nationwide telemarketing fraud scheme.

The FBI asks that anyone victimized by the Bene Market Group or any of the companies it operated (Seguro Medico, Nation Insurance Brokers of America [NBOA], Benefits Now LLC, Bene Market LLC, Quickhealth, Q Health, and Express Benefits) or who has information relevant to the investigation to complete a short form at https://forms.fbi.gov/victims/phhcftvictims.

To help with the investigation, the FBI also asks consumers to email a copy of any documents they received from the Bene Market Group, as well as any prior complaints they made, to phhcft@fbi.gov and include their first and last name in the subject line.

The DFR order against Seguro Medico LLC and Walsh is available on the DFR website.

###

About Oregon DFR: The Division of Financial Regulation protects consumers and regulates insurance, depository institutions, trust companies, securities, and consumer financial products and services. The division is part of the Department of Consumer and Business Services, Oregon’s largest consumer protection and business regulatory agency. Visit dfr.oregon.gov and dcbs.oregon.gov.

Attached Media Files: DFR-logo-blue.jpg,

FBI Seeks Information From Potential Victims In Health Care Fraud; Oregon Issued Order Against Company, Partial Owner In 2024 (Photo) - 09/04/25

Salem – The FBI is seeking information from potential victims as part of a health care fraud investigation against Bene Market Group or any of the companies it operates, one of which the Oregon Division of Financial Regulation (DFR) issued a cease-and-desist order against in 2024.

The division revoked the licenses of Seguro Medico LLC (doing business as Quick Health) and Arthur Walsh, who was Seguro’s partial owner, for violations of the Oregon Insurance Code. The order also permanently barred Walsh, Seguro Medico, and any related entities from getting an insurance license in Oregon.

DFR’s investigation found that Seguro enrolled consumers in insurance plans without their knowledge, sent inappropriate and inaccurate text communications, used false statements in sales scripts, used Walsh’s credentials to submit applications for other agents, and forged a former employee’s signature to submit applications. Seguro and Walsh also failed to report to DFR on orders against them in other states, did not reply truthfully to division inquiries, and did not update their address with DFR.

In May, the United States Attorney’s Office in the Eastern District of Pennsylvania charged Walsh and three others, as well as corporate defendants Seguro Medico LLC and Bene Market LLC with conspiracy and wire fraud offenses in connection with their execution of a nationwide telemarketing fraud scheme.

The FBI asks that anyone victimized by the Bene Market Group or any of the companies it operated (Seguro Medico, Nation Insurance Brokers of America [NBOA], Benefits Now LLC, Bene Market LLC, Quickhealth, Q Health, and Express Benefits) or who has information relevant to the investigation to complete a short form at https://forms.fbi.gov/victims/phhcftvictims.

To help with the investigation, the FBI also asks consumers to email a copy of any documents they received from the Bene Market Group, as well as any prior complaints they made, to phhcft@fbi.gov and include their first and last name in the subject line.

The DFR order against Seguro Medico LLC and Walsh is available on the DFR website.

###

About Oregon DFR: The Division of Financial Regulation protects consumers and regulates insurance, depository institutions, trust companies, securities, and consumer financial products and services. The division is part of the Department of Consumer and Business Services, Oregon’s largest consumer protection and business regulatory agency. Visit dfr.oregon.gov and dcbs.oregon.gov.

Attached Media Files: DFR-logo-blue.jpg,

With Students Headed Back To School, Review Your Insurance Policies (Photo) - 09/03/25

Salem – There is a lot of excitement and trepidation this time of year as students go off to college. As your student heads out on their adventure, be sure to review your insurance policies to give yourself peace of mind and help protect your family from financial disaster.

The Oregon Division of Financial Regulation (DFR) reminds Oregonians that having proper insurance coverage can provide greater peace of mind and protect your family. Here are some insurance tips to help your back-to-school season go smoothly.

Homeowner and renters insurance

If your student is moving into a dorm room, your homeowners policy will likely cover their personal property in case of a loss. Ask your child to tell you if they buy a new computer or other pricey items, and have them keep receipts. Check with your agent or insurance company to make sure these items are covered.

Students living off campus should consider renters insurance. This coverage will protect students' personal property and provide liability coverage if someone is injured on the property. Premiums for renters insurance are reasonable, depending on the location, size of the rental unit, and the value of the possessions. A home inventory is always a good idea, whether they live on or off campus. This list of items will make a future insurance claim much quicker and easier to settle.

Auto insurance
Oregon requires every vehicle on the road to have auto liability coverage. Auto liability insurance pays – up to your policy’s limits – for property damage and bodily injury to someone else if you are found responsible for an accident. If the title to the vehicle is in your student's name, they must have their own policy. If your college student is driving a vehicle you own, your child can likely stay on your policy and be listed as a driver.

Tell your insurance agent or company where the vehicle will be stored if the address differs from what is on your policy.

Health insurance
Students have several options for health insurance coverage while away at college. If your children are covered under your insurance now, they will still be covered while at school. Any insurance plan that offers dependent coverage must make that available until the dependent is 26. If you are currently enrolled in a health maintenance organization (HMO), your child may need to return to your home area for routine care and may have emergency care only while at school.

Many colleges and universities also offer their own student health insurance plans. The premiums and features vary widely by school. Check with your student's school health center to see available coverage options.

Denied insurance claims
If your family experiences a claim denial or settlement disagreement, and you are unable to resolve the issue with your insurance company, you can file a complaint on the DFR website. The division's advocates are also available to help answer general questions. Call 888-877-4894 (toll-free) or email dfr.insurancehelp@dcbs.oregon.gov. The division's website also has resources available at dfr.oregon.gov.

###

About Oregon DFR: The Division of Financial Regulation protects consumers and regulates insurance, depository institutions, trust companies, securities, and consumer financial products and services. The division is part of the Department of Consumer and Business Services, Oregon’s largest consumer protection and business regulatory agency. Visit dfr.oregon.gov and dcbs.oregon.gov.

Attached Media Files: DFR-logo-blue.jpg,

With Students Headed Back To School, Review Your Insurance Policies (Photo) - 09/03/25

Salem – There is a lot of excitement and trepidation this time of year as students go off to college. As your student heads out on their adventure, be sure to review your insurance policies to give yourself peace of mind and help protect your family from financial disaster.

The Oregon Division of Financial Regulation (DFR) reminds Oregonians that having proper insurance coverage can provide greater peace of mind and protect your family. Here are some insurance tips to help your back-to-school season go smoothly.

Homeowner and renters insurance

If your student is moving into a dorm room, your homeowners policy will likely cover their personal property in case of a loss. Ask your child to tell you if they buy a new computer or other pricey items, and have them keep receipts. Check with your agent or insurance company to make sure these items are covered.

Students living off campus should consider renters insurance. This coverage will protect students' personal property and provide liability coverage if someone is injured on the property. Premiums for renters insurance are reasonable, depending on the location, size of the rental unit, and the value of the possessions. A home inventory is always a good idea, whether they live on or off campus. This list of items will make a future insurance claim much quicker and easier to settle.

Auto insurance
Oregon requires every vehicle on the road to have auto liability coverage. Auto liability insurance pays – up to your policy’s limits – for property damage and bodily injury to someone else if you are found responsible for an accident. If the title to the vehicle is in your student's name, they must have their own policy. If your college student is driving a vehicle you own, your child can likely stay on your policy and be listed as a driver.

Tell your insurance agent or company where the vehicle will be stored if the address differs from what is on your policy.

Health insurance
Students have several options for health insurance coverage while away at college. If your children are covered under your insurance now, they will still be covered while at school. Any insurance plan that offers dependent coverage must make that available until the dependent is 26. If you are currently enrolled in a health maintenance organization (HMO), your child may need to return to your home area for routine care and may have emergency care only while at school.

Many colleges and universities also offer their own student health insurance plans. The premiums and features vary widely by school. Check with your student's school health center to see available coverage options.

Denied insurance claims
If your family experiences a claim denial or settlement disagreement, and you are unable to resolve the issue with your insurance company, you can file a complaint on the DFR website. The division's advocates are also available to help answer general questions. Call 888-877-4894 (toll-free) or email dfr.insurancehelp@dcbs.oregon.gov. The division's website also has resources available at dfr.oregon.gov.

###

About Oregon DFR: The Division of Financial Regulation protects consumers and regulates insurance, depository institutions, trust companies, securities, and consumer financial products and services. The division is part of the Department of Consumer and Business Services, Oregon’s largest consumer protection and business regulatory agency. Visit dfr.oregon.gov and dcbs.oregon.gov.

Attached Media Files: DFR-logo-blue.jpg,

Oregon Division Of Financial Regulation Earns NAIC Accreditation (Photo) - 08/18/25

Salem – The Oregon Division of Financial Regulation (DFR) recently received its five-year accreditation from the National Association of Insurance Commissioners (NAIC). The association announced the news at its summer conference in Minneapolis, Minnesota, last week. The purpose of NAIC accreditation is to ensure that state insurance departments meet baseline standards of solvency regulation, particularly with respect to regulation of multistate insurers.

“We are honored to have earned accreditation, and it is due to the exceptional efforts of Division of Financial Regulation Deputy Administrator Kirsten Anderson, Chief Analyst Paul Throckmorton, and Chief Examiner Teresa Borrowman, along with the entire Insurance Institutions team,” acting Insurance Commissioner TK Keen said. “As financial transactions, filings, and company structures become more complex, we are proud to have a financial regulation team that is up for the challenge and has been recognized for its continued excellence.”

Accreditation is awarded only after a detailed, comprehensive review process. The accreditation program at NAIC includes a pre-accreditation review one year before the full review, a full accreditation review that occurs every five years, and interim annual reviews. The full accreditation review DFR underwent included an analysis of state laws and regulations, the agency’s financial analysis and examinations processes, oversight and organizational practices, and primary licensing and re-domestication practices.

“We take our responsibility to protect consumers very seriously in monitoring insurers for solvency and compliance,” Keen said. “Earning NAIC accreditation is a testament to our staff’s professionalism, competence, and expertise in financial regulation, and reaffirms our commitment to rigorous oversight.”

Getting accredited through NAIC’s program gives state regulators the ability to work with other states’ financial regulation practices and improves the potential for coordination across states through comprehensive exams and enforcement actions.

###

About Oregon DFR: The Division of Financial Regulation protects consumers and regulates insurance, depository institutions, trust companies, securities, and consumer financial products and services. The division is part of the Department of Consumer and Business Services, Oregon’s largest consumer protection and business regulatory agency. Visit dfr.oregon.gov and dcbs.oregon.gov.

Attached Media Files: DFR-logo-blue.jpg,

Oregon Division Of Financial Regulation Earns NAIC Accreditation (Photo) - 08/18/25

Salem – The Oregon Division of Financial Regulation (DFR) recently received its five-year accreditation from the National Association of Insurance Commissioners (NAIC). The association announced the news at its summer conference in Minneapolis, Minnesota, last week. The purpose of NAIC accreditation is to ensure that state insurance departments meet baseline standards of solvency regulation, particularly with respect to regulation of multistate insurers.

“We are honored to have earned accreditation, and it is due to the exceptional efforts of Division of Financial Regulation Deputy Administrator Kirsten Anderson, Chief Analyst Paul Throckmorton, and Chief Examiner Teresa Borrowman, along with the entire Insurance Institutions team,” acting Insurance Commissioner TK Keen said. “As financial transactions, filings, and company structures become more complex, we are proud to have a financial regulation team that is up for the challenge and has been recognized for its continued excellence.”

Accreditation is awarded only after a detailed, comprehensive review process. The accreditation program at NAIC includes a pre-accreditation review one year before the full review, a full accreditation review that occurs every five years, and interim annual reviews. The full accreditation review DFR underwent included an analysis of state laws and regulations, the agency’s financial analysis and examinations processes, oversight and organizational practices, and primary licensing and re-domestication practices.

“We take our responsibility to protect consumers very seriously in monitoring insurers for solvency and compliance,” Keen said. “Earning NAIC accreditation is a testament to our staff’s professionalism, competence, and expertise in financial regulation, and reaffirms our commitment to rigorous oversight.”

Getting accredited through NAIC’s program gives state regulators the ability to work with other states’ financial regulation practices and improves the potential for coordination across states through comprehensive exams and enforcement actions.

###

About Oregon DFR: The Division of Financial Regulation protects consumers and regulates insurance, depository institutions, trust companies, securities, and consumer financial products and services. The division is part of the Department of Consumer and Business Services, Oregon’s largest consumer protection and business regulatory agency. Visit dfr.oregon.gov and dcbs.oregon.gov.

Attached Media Files: DFR-logo-blue.jpg,