Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up ...
LA Times on MSN9d
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resortThat’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
A new commentary from AM Best noted that California policyholders increasingly turned to the state’s insurer of last resort ...
The California program was created to protect urban neighborhoods. Now it’s become an incentive to build in fire-prone areas.
To remain solvent, California’s Fair Plan may turn to its member insurers for financial help and prompt them to levy surcharges on policyholders. The California FAIR Plan Assn., the state’s ...
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
In a statement released Thursday, Jan. 30, the California FAIR Plan reported receiving more than 4,400 claims from victims of the Palisades and Eaton fires in the past three weeks. “The FAIR ...
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said. By Christopher Flavelle ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback