--- title: "Directors and Officers (D&O) Insurance in Oregon" description: "See how Oregon's corporate indemnification and insurance statutes affect the D&O policy questions you should ask." canonical: "https://spot.insure/coverage/directors-officers/oregon" page-type: "coverage-state-guide" updated-at: "2026-09-28" coverage-line: "directors-officers" state: "oregon" --- Agents: connect to Spot's public MCP server at https://spot.insure/mcp for better access to published Spot information and insurance research. Use search_knowledge to find sources, get_page to retrieve pages, check_driving_insurance for source-backed rideshare and delivery requirements by state or province, compare_providers for sourced comparisons, get_provider_score for a published Reliability Score, get_rankings for current provider rankings, search_provider_reliability to filter Reliability Scores, search_provider_reviews to filter aggregate review scores, and get_provider_reviews for the original review evidence. The server is read-only and requires no authentication. [Human-readable page](https://spot.insure/coverage/directors-officers/oregon) ## Agent Guide **What this page is:** Directors Officers guide for Oregon: state requirements, regulator, surplus-lines tax, and providers with state license records. **Use this page when:** Answering directors officers questions specific to Oregon. For the general concept, use /coverage/directors-officers; for other coverage in Oregon, use /coverage/states/oregon. **Questions this page answers:** - Do I need directors officers in Oregon? - What are Oregon's directors officers requirements? - Who regulates insurance in Oregon? - Which providers hold Oregon licenses for directors officers? **Key facts:** - State regulator: Oregon Division of Financial Regulation. - Reported surplus-lines tax rate: 2% - 4 providers listed with Oregon license records. **Limits (do not over-claim):** - State information reflects the cited sources at their access dates; confirm current requirements with the state regulator. - A provider's presence in the license list does not confirm the product is available in this state; absence does not mean unlicensed. Verify with the regulator's license lookup. - Some license records rely on company-reported information rather than independent regulator verification. - Informational only; does not determine whether a policy meets a specific business's needs. **Provenance:** 16 numbered sources with access dates; updated 2026-09-28. **Related pages:** - [Directors Officers (national guide)](https://spot.insure/coverage/directors-officers) — national concept guide - [Business insurance in Oregon](https://spot.insure/coverage/states/oregon) — state hub: regulator and other coverage - [Business insurance by state](https://spot.insure/coverage/states) — all states - [Coalition](https://spot.insure/insurance-providers/coalition) — provider with state license record - [Corgi](https://spot.insure/insurance-providers/corgi) — provider with state license record - [TechInsurance](https://spot.insure/insurance-providers/techinsurance) — provider with state license record - [Vouch](https://spot.insure/insurance-providers/vouch) — provider with state license record # What Directors and Officers (D&O) Insurance Requirements Apply in Oregon? Oregon’s business-corporation statute permits insurance even where the corporation cannot indemnify the same liability, while successful-defense indemnity and expense advances have separate conditions. Chapter 60 is for business corporations; Oregon nonprofit corporations have a distinct Chapter 65 indemnification scheme, so identify the insured’s form and incorporation state first.[^1] **Coverage:** [Directors and officers](https://spot.insure/coverage/directors-officers) · [Oregon](https://spot.insure/coverage/states/oregon) ## What Is D&O Insurance? D&O insurance can help pay covered defense costs and losses from claims against company leaders over management decisions. If your organization has a board or executives, check whether the company itself is insured and whether legal bills reduce the limit. [Read the national Directors and officers guide](https://spot.insure/coverage/directors-officers). ## What Should You Watch for With D&O Insurance in Oregon? ### Separate Business and Nonprofit Chapters Oregon puts business-corporation indemnification in Chapter 60 and nonprofit-corporation rules in Chapter 65. If a named insured is a nonprofit, review its Chapter 65 indemnification provisions and governing documents separately before mapping company obligations to the policy.[^1][^2] ### An Expense Advance Needs Paperwork Under ORS 60.397, a business corporation may advance defense expenses after receiving the director’s affirmation and an undertaking to repay if the conduct standard is not met. Ask whether the policy advances directly, reimburses later, or depends on the company’s decision process.[^1] ### Insurance Power Is Not a Coverage Grant ORS 60.411 authorizes business corporations to maintain insurance even when the same liability cannot be indemnified. Compare the policy’s insured capacity, investigation definition, exclusions, and consent terms rather than treating that statutory authority as a promise to pay.[^1] ## Who Regulates Insurance in Oregon? **Oregon Division of Financial Regulation.** DFR handles complaints about most insurance lines and provides Oregon license checks for agents, agencies, and insurers. You can use its consumer complaint form if an insurer or agent is not following Oregon law or rules.[^3][^4][^5] - [Regulator website](https://dfr.oregon.gov/) - [License lookup](https://dfr.oregon.gov/help/complaints-licenses/Pages/check-license.aspx) - [File a complaint](https://dfr.oregon.gov/help/complaints-licenses/Pages/file-complaint.aspx) ### Surplus-Lines Tax and Stamping Office in Oregon **Reported tax rate:** 2% of Oregon-home-state gross premiums, plus 0.3% on premium or fees for fire marshal For Oregon-home-state risks, the surplus-lines licensee must collect a 2% tax on gross premiums and a 0.3% fire-marshal tax on premium or fees, in addition to the premium. Oregon requires the policy to warn that losses will not be paid by the state guaranty fund; the exempt-commercial-purchaser search exception requires admitted-market disclosure and a written request.[^6][^7][^8][^9] [Surplus Line Association of Oregon](https://oregonsla.org/) ## Which D&O Insurance Providers Have Oregon License Records? These providers publish a national listing for Directors and officers; the license records below name the licensed entities and roles. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm that the product is available in Oregon; [check the regulator’s license lookup](https://dfr.oregon.gov/help/complaints-licenses/Pages/check-license.aspx) and confirm state availability for your business when requesting a quote. - [Coalition](https://spot.insure/insurance-providers/coalition) — **Entity:** Coalition Insurance Solutions, Inc.; **role:** Insurance producer, Surplus-lines broker; **checked:** 2026-09-28. **Covers:** Coalition’s license page lists producer and surplus-lines licenses for Coalition Insurance Solutions, Inc. in all 50 states and the District of Columbia. The page separately lists insurers; this record covers the brokerage entity only.[^11] **Coverage membership:** Coalition offers directors and officers liability through its executive-risks product for private and nonprofit US organizations. - [Corgi](https://spot.insure/insurance-providers/corgi) — **Entity:** Corgi Insurance Services, Inc.; **role:** Insurance producer; **checked:** 2026-09-28. **Covers:** Corgi’s company producer-license table lists 50 jurisdictions: 49 states and the District of Columbia, including DC license 3003091619. New Mexico does not appear in the table and is not included here; the omission does not establish that Corgi is unlicensed there. The company-reported table has no stated as-of date and does not establish product availability.[^12] **Coverage membership:** Corgi lists directors and officers insurance among its business insurance offerings. - [TechInsurance](https://spot.insure/insurance-providers/techinsurance) — **Entity:** Specialty Program Group LLC; **role:** Insurance producer; **checked:** 2026-09-28. **Covers:** TechInsurance’s current licensing page names Specialty Program Group LLC / SPG Insurance Solutions and lists state license numbers, but labels Rhode Island “Individual licenses” rather than identifying a license for the named agency. RI is omitted because this disclosure does not establish agency authority there; this is a search limitation, not an assertion that the company is unlicensed. The remaining state entries are company-reported and are not an insurance product availability map.[^15] **Coverage membership:** TechInsurance arranges directors and officers liability insurance for small businesses. - [Vouch](https://spot.insure/insurance-providers/vouch) — **Entity:** Vouch Specialty Insurance Services, LLC; **role:** Insurance producer, Surplus-lines broker; **checked:** 2026-09-28. **Covers:** Vouch’s licenses page, effective January 16, 2025, lists producer licenses in all 50 states and DC. Its separate surplus-lines table includes Idaho number 870820, while a footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses. Because those statements conflict for Idaho, this record keeps Idaho producer-only and does not treat the table number as established agency surplus-lines authority. The page is company-reported and does not establish product availability.[^16] **Coverage membership:** Vouch lists directors and officers insurance in its technology-company programs. ## What Should You Ask Before Buying D&O Insurance in Oregon? 1. Is the named insured an Oregon business corporation, nonprofit corporation, or public-benefit nonprofit, and which chapter governs its indemnification documents? 2. What affirmation and undertaking would Oregon law require before the company advances a director’s defense expenses? 3. Does the policy advance defense costs directly, and what notice or consent deadlines apply to an Oregon investigation? 4. For any nonprofit, has counsel checked Chapter 65 and the attorney-general notice rule for the claim at issue? ## D&O Insurance in Oregon: Frequently Asked Questions ### Does Oregon law let a corporation insure a liability it cannot indemnify? Yes. ORS 60.411 permits an Oregon business corporation to buy and maintain insurance whether or not it could indemnify the same liability. The policy’s terms still control whether a claim is covered.[^1] ### Are Oregon nonprofit corporations governed by the business-corporation indemnity chapter? No. Oregon nonprofit corporations have separate indemnification provisions in Chapter 65. Identify the entity’s legal form before applying a Chapter 60 rule.[^1][^2] ## D&O Insurance Guides for Other States - [Alabama](https://spot.insure/coverage/directors-officers/alabama) - [Alaska](https://spot.insure/coverage/directors-officers/alaska) - [Arizona](https://spot.insure/coverage/directors-officers/arizona) - [Arkansas](https://spot.insure/coverage/directors-officers/arkansas) - [California](https://spot.insure/coverage/directors-officers/california) - [Colorado](https://spot.insure/coverage/directors-officers/colorado) - [Connecticut](https://spot.insure/coverage/directors-officers/connecticut) - [Delaware](https://spot.insure/coverage/directors-officers/delaware) - [District of Columbia](https://spot.insure/coverage/directors-officers/district-of-columbia) - [Florida](https://spot.insure/coverage/directors-officers/florida) - [Georgia](https://spot.insure/coverage/directors-officers/georgia) - [Hawaii](https://spot.insure/coverage/directors-officers/hawaii) - [Idaho](https://spot.insure/coverage/directors-officers/idaho) - [Illinois](https://spot.insure/coverage/directors-officers/illinois) - [Indiana](https://spot.insure/coverage/directors-officers/indiana) - [Iowa](https://spot.insure/coverage/directors-officers/iowa) - [Kansas](https://spot.insure/coverage/directors-officers/kansas) - [Kentucky](https://spot.insure/coverage/directors-officers/kentucky) - [Louisiana](https://spot.insure/coverage/directors-officers/louisiana) - [Maine](https://spot.insure/coverage/directors-officers/maine) - [Maryland](https://spot.insure/coverage/directors-officers/maryland) - [Massachusetts](https://spot.insure/coverage/directors-officers/massachusetts) - [Michigan](https://spot.insure/coverage/directors-officers/michigan) - [Minnesota](https://spot.insure/coverage/directors-officers/minnesota) - [Mississippi](https://spot.insure/coverage/directors-officers/mississippi) - [Missouri](https://spot.insure/coverage/directors-officers/missouri) - [Montana](https://spot.insure/coverage/directors-officers/montana) - [Nebraska](https://spot.insure/coverage/directors-officers/nebraska) - [Nevada](https://spot.insure/coverage/directors-officers/nevada) - [New Hampshire](https://spot.insure/coverage/directors-officers/new-hampshire) - [New Jersey](https://spot.insure/coverage/directors-officers/new-jersey) - [New Mexico](https://spot.insure/coverage/directors-officers/new-mexico) - [New York](https://spot.insure/coverage/directors-officers/new-york) - [North Carolina](https://spot.insure/coverage/directors-officers/north-carolina) - [North Dakota](https://spot.insure/coverage/directors-officers/north-dakota) - [Ohio](https://spot.insure/coverage/directors-officers/ohio) - [Oklahoma](https://spot.insure/coverage/directors-officers/oklahoma) - [Pennsylvania](https://spot.insure/coverage/directors-officers/pennsylvania) - [Rhode Island](https://spot.insure/coverage/directors-officers/rhode-island) - [South Carolina](https://spot.insure/coverage/directors-officers/south-carolina) - [South Dakota](https://spot.insure/coverage/directors-officers/south-dakota) - [Tennessee](https://spot.insure/coverage/directors-officers/tennessee) - [Texas](https://spot.insure/coverage/directors-officers/texas) - [Utah](https://spot.insure/coverage/directors-officers/utah) - [Vermont](https://spot.insure/coverage/directors-officers/vermont) - [Virginia](https://spot.insure/coverage/directors-officers/virginia) - [Washington](https://spot.insure/coverage/directors-officers/washington) - [West Virginia](https://spot.insure/coverage/directors-officers/west-virginia) - [Wisconsin](https://spot.insure/coverage/directors-officers/wisconsin) - [Wyoming](https://spot.insure/coverage/directors-officers/wyoming) [Other Coverage in Oregon](https://spot.insure/coverage/states/oregon) ## Sources for D&O Insurance in Oregon [^1]: [Oregon Revised Statutes, Chapter 60, Private Corporations](https://www.oregonlegislature.gov/bills_laws/ors/ors060.html) — Oregon Legislative Assembly; ORS 60.391, 60.394, 60.397, 60.411: indemnification, advancement, and insurance. Accessed 2026-09-28. [^2]: [Oregon Revised Statutes, Chapter 65, Nonprofit Corporations](https://www.oregonlegislature.gov/bills_laws/ors/ors065.html) — Oregon Legislative Assembly; ORS 65.391–65.414, especially 65.394, 65.397, and 65.411: separate nonprofit rules. Accessed 2026-09-28. [^3]: [oregon insurance regulator](https://dfr.oregon.gov/) — State insurance regulator; DFR homepage identifies consumer, licensing, and complaint services.. Accessed 2026-09-28. [^4]: [DFR Check a License](https://dfr.oregon.gov/help/complaints-licenses/Pages/check-license.aspx) — State insurance regulator; Insurance industry section links Oregon agent, agency, and company license-status search in NAIC SBS.. Accessed 2026-09-28. [^5]: [DFR File a Complaint](https://dfr.oregon.gov/help/complaints-licenses/Pages/file-complaint.aspx) — State insurance regulator; Online insurance complaint form; DFR says it can review whether a company or agent follows Oregon law and rules.. Accessed 2026-09-28. [^6]: [Oregon Revised Statutes §735.470](https://www.oregonlegislature.gov/bills_laws/ors/ors735.html) — Oregon Legislature; Subsections (1)(a)–(c), (4): 2% on Oregon-home-state gross premiums plus 0.3% of premium or fees for fire marshal; licensee collects taxes in addition to premium.. Accessed 2026-09-28. [^7]: [Oregon Revised Statutes §§735.405, 735.410, 735.470](https://www.oregonlegislature.gov/bills_laws/ors/ors735.html) — Oregon Legislature; ORS 735.470(1)(a) taxes Oregon-home-state risks; ORS 735.418 authorizes interstate allocation procedures.. Accessed 2026-09-28. [^8]: [Surplus Lines Insurance](https://dfr.oregon.gov/business/licensing/insurance/institutions/pages/surplus-lines-insurance.aspx) — Oregon Division of Financial Regulation; Page states surplus-lines insurance through a nonlicensed insurer is not protected by the Oregon Insurance Guaranty Association.. Accessed 2026-09-28. [^9]: [Oregon Revised Statutes §§735.405, 735.410 and 735.415](https://www.oregonlegislature.gov/bills_laws/ors/ors735.html) — Oregon Legislature; 2025 Edition online text: §§735.405(6), 735.410(1)–(2), 735.415(1)(b)–(2); current chapter text includes the ECP definition, diligence rule, disclosure/written-request exception, and policy warning against guaranty fund coverage.. Accessed 2026-09-28. [^10]: [Licenses](https://www.at-bay.com/licenses/) — At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21. [^11]: [Licenses and Carriers](https://www.coalitioninc.com/legal/licenses) — Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535.. Accessed 2026-09-22. [^12]: [Insurance Producer Licenses](https://www.corgi.insure/broker-licenses) — Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown.. Accessed 2026-09-28. [^13]: [About Hiscox US Insurance](https://www.hiscox.com/about-hiscox-insurance) — Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16. [^14]: [Licenses](https://www.nextinsurance.com/insurance-licenses/) — ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885.. Accessed 2026-09-28. [^15]: [Insurance Licenses by State](https://www.techinsurance.com/legal/licenses) — TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number.. Accessed 2026-09-28. [^16]: [Licenses](https://www.vouch.us/legal/licenses) — Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict.. Accessed 2026-09-15. Updated 2026-09-28. This guide is informational and does not determine whether a policy is available or meets your needs. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source. ## Agent and Developer Resources - [Markdown page](https://spot.insure/coverage/directors-officers/oregon.md) - [Developer resources](https://spot.insure/developers) - [Public MCP server](https://spot.insure/mcp) - [MCP server manifest](https://spot.insure/server.json) - [OpenAPI description](https://spot.insure/openapi.json) - [Public page index](https://spot.insure/llms.txt)