Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up providers.
Wildfires push California property owners to the costly FAIR insurance plan. With insurers canceling or refusing policies in high-risk wildfire areas, more Californians are turning to the FAIR ...
The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...
The CEO of the American Property Casualty Insurance Association (APCIA) has joined the calls on the California legislature to ...
California legislators are pursuing greater oversight of the California FAIR Plan Association, the state’s insurer of last ...
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 ...