California homeowners will pay part of FAIR Plan’s $1 billion assessment
The state’s insurance of last resort is charging a $1 billion special assessment to private insurance providers, a move ...
California bails out FAIR Plan with $1 billion assessment in wake of LA fires
In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
L.A. wildfires up the pressure on California’s insurance commissioner over industry ties
The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
California homeowners will pay temporary fees to help pay for wildfire insurance claims
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
USA Today6d
Critical California insurer calls for $1 billion infusion to cover LA wildfire claims
The California Department of Insurance said Tuesday they will allow the FAIR Plan, designed for Californians who can’t get coverage on the private market, to collect $1 billion from insurers ...
FAIR Plan bailout deepens housing strains
California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...
California’s backup insurance provider seeks $1B after wildfires. Policyholders could pay half
The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in ...
USA Today6d
California homeowners will pay temporary fees to help pay for wildfire insurance claims
Here's what to know about the increase in California home and insurance policyholders. Under the statute, Commissioner Lara approved the FAIR Plan’s request, known as an “assessment ...