Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up ...
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
These days, the FAIR (Fair Access to Insurance Requirements) Plan is becoming more of a first option than a last resort. The reliance on the program today stems from the state’s private ...