The Oregon Division of Financial Regulation published a news release announcing the adoption of a new rule that amends the application, license issuance, and license renewal fees charged to insurance producers, adjusters, and consultants.
The license application fee for insurance producers, adjusters, and insurance consultants has been increased from $30 to $40.
The license issuance fee for insurance producers, adjusters, and insurance consultants has been increased from $45 to $60.
Finally, the license renewal fee for insurance producers, adjusters, and insurance consultants has also been increased from $45 to $60.
Rule ID 15-2026 can be found here.
Ray Sugrim
Ray Sugrim is an Insurance Editor with FC&S Expert Coverage Interpretation, a division of National Underwriter Company and Arc Network. Ray is responsible for helping develop and edit content for subscribers. Ray is a St John’s University graduate with a degree in Risk Management & Insurance and is a CPCU candidate.