California Insurance Commissioner Ricardo Lara has approved the California Fair Plan’s request to levy a $1bn assessment on ...
California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California FAIR Plan received approval Tuesday ... However, that includes a $900 million deductible and co-payments that raise the plan's cash payouts to $3.5 billion. While Lara's directive ...
California's home insurance plan of last resort, designed for people who can't get coverage on the private market, does not have enough money to pay claims from the Los Angeles wildfires and is ...
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California FAIR Plan received approval Tuesday from the ... However, that includes a $900 million deductible and co-payments that raise the plan's cash payouts to $3.5 billion. While Lara's ...
California asks for $1 billion to support FAIR plan Highlights challenges of ... An insurer exodus could limit options for the 39 million residents in the state and put a further strain on their ...
California's insurer of last resort for fire insurance says it needs $1 billion to ensure it can continue paying claims in the wake of the Palisades and Eaton wildfires. And State Insurance ...
In addition, companies will now be required to contribute $1 billion to California's Fair Access to Insurance Requirements (FAIR) plan — also ... exodus could limit options for the 39 million ...
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