Around the PIA Western Alliance States – Week of May 13, 2024

Oregon — CCB Licensed Contractors: Construction Contractors Board (CCB) licensed contractors are required to keep proof of general liability insurance coverage on file at the CCB. If you have clients who are CCB licensed contractors, sending proof of their liability insurance coverage is faster and easier than ever with the E-Proof portal. E-proof is an online portal that allows insurance agents to send proof of liability coverage for existing CCB contractors.

Faster than sending paper certificates. Certificates sent by E-proof are processed in 1-2 business days, versus 7-10 business days for paper certificates.

Keep your clients in compliance. Contractors without proof of general liability insurance may have their license suspended. E-proof makes it easier to keep contractors in compliance and avoid license suspension.

How to sign up: Fill out this online form and return it to the CCB

How does it work?

Once your account has been created, the CCB will send an email confirmation with an access link.

You’ll be able to send certificates to renew an existing policy for an existing contractor, or change to a different policy for an existing contractor.

This service may not be used to update a workers comp policy or provide a new general liability policy for a new contractor.

Have questions? Call CCB at 503-934-2227, or email at

Oregon — Oregon Division of Financial Regulation joins other states in signing order to cease money transmission activities for Sigue Corp: The Oregon Division of Financial Regulation (DFR) ordered Sigue Corp. to cease engaging in money transmission activities in Oregon as the company can no longer responsibly serve customers due to its declining financial position. Oregon joined a number of other states, Puerto Rico, and the District of Columbia in issuing the consent order.

Sigue is a state-regulated money transmission company licensed in Oregon and 48 other states (Nationwide Multistate Licensing System ID 915912). Over the past several months, Sigue experienced significant financial deterioration. The company failed to complete multiple money orders and transmissions and to maintain adequate net worth and permissible investments to cover outstanding liabilities, which are violations of state money transmission law. Many customers are still waiting for their funds.

Sigue maintained a surety bond with Liberty Mutual that will cover all of Sigue’s unpaid or otherwise outstanding transactions in Oregon. Individuals who paid for a money transmission or money order from Sigue that went unpaid are encouraged to file a claim directly with Liberty Mutual online by visiting this website and clicking on the link that reads “File Commercial Bond Claim.” Anyone with questions for Liberty Mutual can email or call 206-473-6700. The state surety bond claim process is designed to help make affected consumers whole.

In Oregon there are almost 200 open or unfulfilled transactions totaling $39,000 between money transmissions and money orders. Across the U.S. there were just under 25,000 open or unfulfilled transactions totaling nearly $8.6 million. Sigue stopped transmissions across the nation in January.

The order requires the company to preserve and provide access to all books and records, including information on affected customers.

“This order not only shows how Oregon’s system of regulation works to protect consumers, but also highlights the strong partnerships we have with other states, the Money Transmitter Regulators Association, and the Conference of State Bank Supervisors,” said TK Keen, DFR administrator. “Fortunately, all of Oregon’s open money orders and transmissions are covered by the surety bond Sigue was required to have with the division, which means no consumers should lose money.”

As Sigue was primarily used as a transmitter to send money from the United States to Spanish-speaking countries, the division plans additional outreach to the Spanish-speaking community through the Mexican Consulate.

Consumers who have been affected or believe they may have been affected and would like help or to file a complaint, should contact one of DFR’s consumer advocates at 888-877-4894 (toll-free) or email

Oregon — To all property and casualty insurers: The Oregon Division of Financial Regulation has issued a bulletin regarding the requirement of insurers to file underwriting guidelines.


The purpose of this bulletin is to remind insurers of their legal obligation to file underwriting guidelines with the division.


Property and casualty insurers have an ongoing obligation to file changes or revisions to required documents with the division prior to implementation.

Click here to review this bulletin:

Washington — OIC Answers podcast: Am I ready for a natural disaster: The new episode of the OIC Answers podcast covers how the agency has helped homeowners after wildfires and other natural disasters. Amy Teshera, from the OIC’s Consumer Advocacy team, joins the show to talk about the recovery work after the Gray and Oregon Road fires, the Maui fire, and how to make sure you’re best prepared in the event of an emergency.


Washington — Homeowners Info: Washington state Insurance Commissioner Mike Kreidler is advising consumers to check their home insurance policies for water damage sublimits.

“A policy with a sublimit may provide lower monthly premiums, but people will be in for a surprise when they file a claim,” Kreidler said. “It’s important to know what you’re paying for and how much, or how little, you could be paying out of your own pocket if your home is damaged.”

Five companies writing home insurance policies in Washington have recently considered selling policies with optional water damage sublimits. A policy sublimit restricts the recovery to a set amount below the total amount of coverage available in the policy.

In this instance, a policy may have a maximum benefit of $500,000, but a $10,000 optional sublimit for water damage. Water damage could include a pipe breaking and releasing water in a house, be it from a sink, toilet, water heater, dishwasher, or frozen pipe.

Adding a water damage sublimit reduces your costs but reduces your protection, too. It also may not meet the property insurance standards required by your lender.

Check your policy for water damage sublimits or ask your agent or broker. If you need additional help or want to file a complaint, contact the Office of the Insurance Commissioner.

About PIA Western Alliance

The Professional Insurance Agents Western Alliance is a membership organization promoting and enhancing the success of independent agencies seeking to grow, learn and be heard within the industry.


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