California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...

Last March, the president of the FAIR Plan, Victoria Roach, suggested to lawmakers that it was assuming too much risk. “If we were a regular insurance company, we couldn’t grow at this rate ...

"We are one event away from a large assessment," Victoria Roach, president of the FAIR Plan, told the California state legislature last year. "There’s no other way to say it, because we don’t ...

"Let's take the FAIR Plan president (Victoria Roach) at her word. She said that FAIR Plan can handle their exposure," says Bach. Still, Stanford professor, Dr. Michael Wara says much of the ...

Last March, FAIR Plan President Victoria Roach told lawmakers the provider only had $700 million in cash on hand. Should it run out of money, state law gives the FAIR Plan the ability to pass the hat ...