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California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.
7hon MSN
A consumer group sued California Insurance Commissioner Ricardo Lara and his department this week in a bid to stop consumers ...
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ABC7 KABC on MSNHomeowners sue California FAIR Plan, claim it's not paying for home cleanups after wildfiresThe FAIR Plan is the insurer of last resort when other companies will not write you a fire policy. Now, there is a lawsuit filed by a number of survivors who claim the FAIR Plan is not being fair ...
A consumer advocacy group has filed a lawsuit to block insurers from charging California customers for $500 million in costs ...
While most every other private insurer in the state must publish regular financial statements, as well as detailed justifications for its rate increases, the California FAIR Plan discloses only ...
Many homeowners have received non-renewal notices - forcing them to use the California FAIR plan. It's a private association that offers coverage when traditional companies will not. "Sometimes ...
As Southern California ... In a statement on the approval, Commissioner Lara says in part quote... "I took this necessary ...
Ali Moghaddas, a partner at Edelson PC, said the FAIR Plan policies affecting policyholders have added insult to injury. | ...
AB 226 is now in the Senate pending consideration. "Protecting California policyholders requires a stronger FAIR Plan that can withstand major wildfire disasters," Lara said. "AB 226 builds on the ...
The California Assembly has passed the FAIR Plan Stabilization Act (Assembly Bill 226) in a unanimous 72-0 vote, moving the ...
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