OR| Oregon DFS Insurance Division releases Memorandum regarding DMV Notice- SB 840’s insurance provisions that primarily require carriers writing Oregon auto to adjust processes around SR‑22 filings, uninsured accident reporting, and proof-of-coverage confirmations beginning January 1, 2026. Carriers will see a shortened SR‑22 obligation (from three years to one year) for convictions of driving uninsured, which may affect book management, renewals, and monitoring of financial responsibility filings. Although DMV will no longer impose mandatory one‑year suspensions for uninsured accidents, the three‑year SR‑22 filing requirement remains, so insurers must continue handling SR‑22 business for these risks and anticipate related servicing demands.
Operationally, carriers must be prepared to issue formal coverage confirmation statements on company letterhead, signed by an authorized employee, when customers dispute uninsured accident determinations, and may need to update internal systems, workflows, and customer communications to reflect the new rules and documentation standards.