Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...

That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...

“We built my house as quickly as we could and I’d been in contact with my adjuster representing the California FAIR ... was that the FAIR Plan’s policy forms exclude coverage for ...

Ashley Parks is an Associate Editor at Newsweek based in North Carolina. Her focus is on personal finance, particularly covering debt, banking and Gen Z money. Ashley joined Newsweek in 2024 after ...

Wildfires push California property owners to the costly FAIR insurance plan. With insurers canceling or refusing policies in high-risk wildfire areas, more Californians are turning to the FAIR ...

SAN FRANCISCO (KGO) -- What happens if the California FAIR Plan goes under in the wake of the devastation in Los Angeles? And what impact could it have on the 8.7 million policyholders across the ...

(KGO) -- In the Sunol hills, homeowners denied normal insurance coverage have had to turn to California's FAIR Plan. It's the insurer ... wildfires discounts for hardening their properties ...

The California FAIR ... to cover — but if the FAIR Plan lost money on those homes, then those same insurers would have to pay for it anyway. “It just seems like a house of cards,” Mr ...

More than 4,400 fire-affected homeowners in Los Angeles County have filed insurance claims with the state’s insurer of last resort — the California FAIR Plan. That’s enough to kick the plan ...