What is the FAIR Plan and will it be fair to wildfire victims?
Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
LA wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding ...
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
FAIR Plan gets 4,400 insurance claims from LA County wildfire victims
California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up ...
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resort
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
Los Angeles Daily News5d
What is the FAIR Plan and will it be fair to wildfire victims?
That’s the multibillion-dollar question. The FAIR Plan is an option for homeowners who are unable to obtain insurance from any private insurance company. The program was created by the state ...
Los Angeles wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding ...
Newsday4d
LA wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
Under the FAIR Plan, Wilson paid about 60% more in premiums related to the fire than Hamlin, though he is slated to receive less than half the coverage. And his true home insurance cost was ...