That's enough to kick the plan's strained finances further into crisis mode, increasing the chances that homeowners statewide will see insurance costs rise.
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
All stakeholders are looking at the way forward,” said Janet Ruiz at the Insurance Information Institute, an industry-funded consumer education organization in New York City. She cited efforts to ...
With non-renewals and coverage drops, many Californians are insured against fire through the California FAIR Plan. However, the plan is on rocky ground after the LA fires.
If the state-created insurance pool runs out of money, it can invoke payment mechanisms that can affect virtually every insured home and building owner in the state. The FAIR Plan provides ...
If the state-created insurance pool runs out of money, it can invoke payment mechanisms that can affect virtually every insured home and building owner in the state. The FAIR Plan provides ...