The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...
The state’s insurance of last resort is charging a $1 billion special assessment to private insurance providers, a move ...
In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
The $1 billion in additional funding for the state's FAIR Plan will ensure consumer claims are paid after the devastating wildfires in Southern California, Lara said. Members of the FAIR Plan ...
California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the state Insurance ...
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light of SoCal wildfires ...