A new commentary from AM Best noted that California policyholders increasingly turned to the state’s insurer of last resort ...
Humboldt County Fair in Ferndale exploring whether racing is feasible while the Sonoma County Fair in Santa Rosa voted to ...
The Southern California wildfire crisis struck just when the Department of Insurance’s “Sustainable Insurance Strategy” was set to go into ...
The California FAIR Plan has an outsized share of the state’s riskiest policies because it is the insurer of last resort for home and building owners who can’t get coverage elsewhere.
The Insurance Journal, a trade magazine, reports that the California Fair Plan, has $377 million to play claims plus $5.75 billion in insurance it bought to cover mass disasters. If true ...
SAN DIEGO — As wildfires continue to ravage Los Angeles County, concerns are mounting over the financial capacity of California's insurer of last resort, the FAIR Plan, to handle what will ...
To remain solvent, California’s Fair Plan may turn to its member insurers for financial help and prompt them to levy surcharges on policyholders. The California FAIR Plan Assn., the state’s ...
LOS ANGELES — The California FAIR Plan Association, the state's property insurer of last resort, was born of smoldering ashes — not of a wildfire, but of one of the worst urban disturbances in ...
And it appears that this rule change, along with another rule change announced in December ... of California FAIR. “It’s critical for Californians to understand that a growing FAIR Plan ...