News

California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.
The Fair Plan Assn. is run by licensed property and casualty companies to offer insurance to home and business owners who cannot obtain insurance through the commercial market. The insurers ...
Homeowners whose properties experienced some damage from the recent wildfires are frustrated with the FAIR Plan after experiencing complications with their claims.
The Colorado FAIR Plan officially launched on Thursday, which will provide some hope and relief for Colorado homeowners.
California's insurance commission in February ordered insurers doing business in California to provide $1 billion to the FAIR Plan, the state's insurer of last resort, to help it pay out claims ...
The department's audit had a similar conclusion: "The FAIR Plan believes that its reinsurance needs are much different than a traditional market insurer since it can assess its insurance company ...
Colorado will launch the state’s new, last-resort homeowners insurance program — known as the FAIR Plan — on Thursday even as this summer’s weather conditions could be ripe for severe ...
Director of Communications for the Western States for the Insurance Information Institute Janet Ruiz In Mariposa County, 42% of homeowners are already using the FAIR plan as the county has the ...
A stable and solvent FAIR Plan — established more than 50 years ago as the state's insurer of last resort — provides important certainty for insurance consumers who otherwise cannot find ...