One of only two big insurers for ski areas is leaving Oregon, citing the high cost of coverage. Lawmakers are deciding whether to step in.
SALEM, Ore. — Concerns among Oregon’s ski resorts are beginning to snowball after a major insurer dropped their coverage, citing the cost of liability in the state. The company claims that Oregon is a loss-leader, and lawmakers are running out of time if they want to change that this year.
Senate Bill 1196 could reduce liability requirements, making it cheaper to insure businesses like Oregon’s ski areas.
Five years ago, Joel Shaich broke his back after falling during an icy
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