The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
Wildfires have become a growing concern in California particularly in regions like Los Angeles where dry conditions and strong winds create a high-risk environment As homeowners struggle to find compr ...
This left many without required insurance coverage ... What happens if the FAIR plan goes bust? If the money in the FAIR Plan runs out, insurance companies operating in California may be required ...
As Angelenos begin the long process of rebuilding after recent devastating wildfires, a program created in the aftermath of the Watts Riots in the 1960s may prove critical to California ... use the ...