Around the Western Alliance States – Week of February 28, 2023

New Mexico — Wildfire Infrastructure Damage Loans: New Mexico Governor Michelle Lujan Grisham has signed into law a zero-interest loan package designed to help public entities repair or replace infrastructure damaged by wildfire.

The law was passed by the New Mexico Legislature as a response to the Hermits Peak-Calf Canyon fire. It became the largest wildfire in New Mexico history and was caused by a controlled burn done by the federal government that got out of control.

The law has $100 million set aside to help counties, cities and municipalities recover from wildfire damages.

Source link: Insurance Journal —

Oregon — Recently Adopted Rulemaking: Co-insured language in personal property and casualty policies: The Oregon Division of Financial Regulation recently announced the following permanent rulemaking:

ID 3-2023: Language used for co-insureds in personal property and casualty policies

Adopted Rules: 836-080-0900, 836-080-0905

​Rules summary: To define covered loss and innocent person and language used for co-insureds in personal property and casualty policies.

Filed: February 9, 2023 

Effective:  March 1, 2023

Washington – The PIA of Washington is gearing up for A Day at the Capitol.  This is the opportunity for Washington agents to learn the legislative process, understand the current issues affecting the industry and meet with legislators. All this is happening Tuesday, March 14, 2023 at the state capitol in Olympia. 

Learn more here:

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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