OR Property & Casualty case studies
OR Property & Casualty · Put your knowledge to work in context.
The Oregon Property and Casualty Insurance Producer License Examination is the licensing test administered by the Oregon Department of Consumer and Business Services, Division of Financial Regulation, for candidates who want to sell property and casualty insurance in the state. A P&C producer license covers both lines at once, so the exam tests homeowners, dwelling, commercial property, auto, liability, and workers' compensation material alongside the Oregon statutes and administrative rules that govern producer conduct, marketing, and claims handling. The OR Property & Casualty case studies are 5 cases and about 3,190 words.
1The Lapsed Oregon Producer
Dana holds an Oregon resident producer license for property and casualty and is appointed by three insurers. Her two-year license term ended on March 31.
616 words, about 3 min2The Boat Sam No Longer Owned
Sam buys a used 32-foot cabin cruiser for 40,000 and insures it with a 40,000 policy limit on an actual cash value basis with a 1,000 deductible. Three years later the boat's market value is 22,000, and a marina estimate puts repair of a damaged hull and engine at 16,000.
619 words, about 3 min3Coinsurance, Replacement Cost, and the Code Official
Ridgeline Holdings owns a 40-year-old retail building in Salem with a replacement cost of 1,200,000 and an actual cash value of 700,000. It insures the building with a 700,000 limit, an 80% coinsurance clause, replacement cost valuation, a 5,000 deductible, and no agreed value.
608 words, about 3 min4Three Claimants, One $50,000 Limit
Tyler carries an Oregon personal auto policy with liability limits of 25/50/20 - the state minimum - plus PIP and uninsured/underinsured motorist coverage at the same 25/50 limits. In August he runs a red light on Highway 99 and strikes a car carrying three coworkers.
624 words, about 3 min5The Bend Apartment Envelope Claim
Northline Construction built a 12-unit apartment building in Bend in 2019, using a subcontractor for the roof and exterior envelope. Northline carried an occurrence-based CGL policy with a 1 million each-occurrence limit, a 2 million general aggregate, and a products-completed operations aggregate of 2 million.
723 words, about 4 min