California’s FAIR Plan is receiving a $1 billion bailout after running out of funds to cover wildfire claims, highlighting ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
A California appeals court ruling that could doom insurance coverage for smoke damage claims is in line for strong pushback ...
State Farm is requesting a 22% rate increase for California homeowners, citing $1 billion in recent claims and mounting ...
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California FAIR Plan, the insurer of last resort, received approval to assess member carriers $1 billion to help pay its ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
Travelers reports a $1.7 billion impact from Los Angeles wildfires, with future premium changes in California and nationally ...
State Farm’s companion pet insurance, Trupanion, is a company that services cats and dogs under the age of 14. It’s available nationwide, in Puerto Rico, Canada and Australia. Trupanion covers up to ...
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