Bay Area homeowners likely to pay for California FAIR Plan insurance bailout
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
Mansion Global17h
California’s State Insurance Gets $1 Billion Infusion as Wildfire Claims Overwhelm Providers
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
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 Associated Press on MSN7d
Los Angeles wildfire victims' rebuilding options vary wildly among neighbors due to insurance crisis
Even next-door neighbors face starkly contrasting fortunes and unequal recovery, as nation's home insurance crisis grows.
Newsday8d
LA neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
The issue is particularly acute in California ... find private insurance again. There was another catch: Wilson said he couldn’t get comprehensive replacement cost coverage on the FAIR Plan ...
The Washington Post8d
LA wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
How do people get on the FAIR Plan? The plan is a temporary coverage option created by the state as a last resort for homeowners who can’t find ... on the costs of reinsurance to California ...
Newsday8d
LA wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
The Insurance Information Institute, which represents many major insurers, said the FAIR Plan provides a lifeline for homeowners who cannot find ... on the costs of reinsurance to California ...