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Committee hears bill to adopt NAIC travel insurance model for Oregon
Summary
House Bill 2128 would standardize travel insurance rules in Oregon by adopting language aligned with the NAIC model act; proponents say the change improves consumer disclosures and creates uniform rules across states.
The House Committee on Commerce and Consumer Protection heard testimony on House Bill 2128 on Feb. 11, a bill to update and standardize travel insurance laws in Oregon by aligning state law with the National Association of Insurance Commissioners (NAIC) model act.
John Powell of the U.S. Travel Insurance Association told the committee the bill will codify consumer disclosures, create uniform definitions for travel…
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