Ashley Parks is an Associate Editor at Newsweek based in North Carolina. Her focus is on personal finance, particularly covering debt, banking and Gen Z money. Ashley joined Newsweek in 2024 after ...
He is contemplating loans, lawsuits and moving his family out of California. “It changes the whole trajectory to your life,” said Wilson, 44, who bought his house five years ago with his wife ...
“We built my house as quickly as we could and I’d been in contact with my adjuster representing the California FAIR ... was that the FAIR Plan’s policy forms exclude coverage for ...
The FAIR Plan’s going ... “What happens in California has economic effects and insurance implications beyond Los Angeles. Most of corporate America has a form of business interruption ...
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But their house was spared ... That research may help you avoid having to turn to the FAIR Plan — often referred to as California’s insurance of “last resort” — or what are known ...
It's not inconceivable that the recent wildfires could exceed the reserves and reinsurance available to the California FAIR plan. Because ... don't realize it, every form of insurance embodies ...
This transcript was automatically generated, and then edited for clarity in its current form. There may be ... helping states set up the plans, sometimes called FAIR plans, some sort of monetary ...