California FAIR Plan is running out of money; nearly all homeowners to help bail it out
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
California homeowners will pay part of FAIR Plan’s $1 billion assessment
California’s insurance commissioner approved a plan Tuesday, Feb. 11, to keep the state’s insurance of last resort solvent by ...
California's insurer for people without private coverage needs $1 billion more for LA fires claims
The department says it’s the first time the Fair Plan has sought approval for additional money in more than 30 years.
The San Bernardino Sun13d
FAIR Plan gets 4,400 insurance claims from LA County wildfire victims
Expected claims payments to Los Angeles County wildfire victims appear to have exceeded $900 million for the state’s insurer of the last resort, allowing it to tap into “reinsurance ...
Whittier Daily News13d
FAIR Plan gets 4,400 claims from LA wildfire victims
In a statement released Thursday, Jan. 30, the California FAIR Plan reported receiving more than 4,400 claims from victims of the Palisades and Eaton fires in the past three weeks. “The FAIR Plan is ...