A key committee vote on a slate of proposed reforms to the Oregon Insurance Division's rate-setting procedures has been delayed until Monday, says state Sen. Chip Shields (D-North/Northeast Portland).
The vote had been expected to take place Wednesday but was put off because of a delay in getting information from the Legislative Fiscal Office, Shields says.
The three bills would bring greater oversight of the rate-increase process and bring the insurance industry for the first time under the state Unlawful Trade Practices Act.
WWeek 2015