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The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...
Consumer Watchdog sues Insurance Commissioner Ricardo Lara, alleging that rules he issued last year that will allow the ...
The complaint accuses dozens of major insurance companies of collaborating in a “group boycott” of certain areas to force ...
The Colorado FAIR Plan officially launched on Thursday, which will provide some hope and relief for Colorado homeowners.
California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.
The Colorado legislature in 2023 approved the Fair Access to Insurance Requirements Plan in response to a growing property insurance crisis in the state.
In 2021, the FAIR Plan only had about 268,000 total policies — about 3% of all policies in the state — California Department of Insurance data shows. Now, the FAIR Plan is one of the top five ...
In February, the state insurance department allowed the program, known as the FAIR Plan, to collect $1 billion in emergency payments from other insurers — who are expected to pass on a ...
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