Oregon Automobile Insurance v. Thorbeck

This is an action by an insurance company seeking a declaratory judgment as to its potential exposure from a policy of automobile liability insurance issued under the Financial Responsibility Law (the Law) to an insured subsequently involved in an automobile accident.

The company issued the policy to the insured in the amount of $100,000. A financial responsibility filing was made with the Motor Vehicles Division of the Department of Transportation (the Division), as required by ORS 486.411. The insured subsequently failed to make the premium payments, and the policy was cancelled effective…