Collins v. Farmers Insurance

The majority opinion, unfortunately, provides a disincentive to insurance companies to issue insurance policies that affirmatively, candidly, and truthfully — and with clarity and. certainty — reveal the extent of their and the insureds’ reciprocal rights and obligations. The majority’s holding offends the public policy of promoting fair and equitable business practices that underlies state regulation of the insurance industry.1 Moreover, the majority’s holding has the potential to dissuade insurance companies from precisely identifying in their contracts of insurance, as required by Oregon…