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Last week, California Insurance Commissioner Ricardo Lara approved a significant expansion of the California FAIR Plan’s ...
The California Assembly has passed the FAIR Plan Stabilization Act (Assembly Bill 226) in a unanimous 72-0 vote, moving the ...
California Insurance Commissioner Approves Major FAIR Plan Expansion to Help HOAs, Builders, Farmers, and Businesses Access ...
The Colorado legislature in 2023 approved the Fair Access to Insurance Requirements Plan in response to a growing property ...
California will see the second-biggest rate hikes in the U.S. as a consequence of the Palisades and Eaton fires, a report found.
SACRAMENTO — As more people in California ... of an insurance advocacy organization, calls the FAIR plan's size "a canary in the coal mine," indicative of larger problems in the market.
While most every other private insurer in the state must publish regular financial statements, as well as detailed justifications for its rate increases, the California FAIR Plan discloses ... market ...
The state’s largest insurer will have to present evidence justifying the rate increase at a public hearing scheduled for April 8.
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
The Colorado FAIR Plan officially launched on Thursday, which will provide some hope and relief for Colorado homeowners.
State Farm agreed to lower its emergency rate increase request from 22% to 17% for California homeowners insurance policies.
Consumer Watchdog, which is opposed to the rate increase, said the insurance giant had argued it's too big to fail, which isn ...
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