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 ...
The LA fires have a shocking price tag — and we’ll all have to pick up the tab
As the region starts to recover, low-income residents will have the hardest time returning to normal, if they return at all.
JD Supra10d
What You Need to Know about the California Fair Access to Insurance Requirements Plan (FAIR Plan)
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
Los Angeles Daily News9d
FAIR Plan gets 4,400 insurance claims from LA County wildfire victims
In earlier statements, the FAIR Plan said it can only tap into reinsurance — essentially insurance for insurance companies — once it pays its first $900 million in claims. See also ...
Bloomberg L.P.3d
The FAIR Plan Was Meant to Insure Against Racism, Not Wildfires
the finger pointing has begun — with much of the ire aimed at the state’s patchwork system of fire insurance. There’s special scrutiny of the so-called “FAIR Plan,” a state-run insurer ...
kcra.com3d
LA wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
She is searching for contractors to rebuild her house.Wilson will receive a fraction of what he needs because he was covered by the California Fair Access to Insurance Requirements Plan — the ...
Los Angeles Daily News5d
What is the FAIR Plan and will it be fair to wildfire victims?
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 ...
Insurancenewsnet.com10d
FAIR Plan gets 4,400 claims from LA wildfire victims
“The FAIR Plan is accessing re-insurance to help pay claims,” the statement said. In earlier statements, the FAIR Plan said it can only tap into re-insurance — essentially insurance for ...