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Los Angeles wildfire victims brought two antitrust suits against several insurers in the state, alleging they forced ...
AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last ...
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Santa Cruz Sentinel on MSNLawsuit seeks to halt California’s homeowner-funded FAIR Plan insurance bailoutIn the greater Bay Area, insurers who opt into the plan will be required to write more policies in Marin, Napa and Santa Cruz ...
But a large FAIR plan is a dangerous liability, as California found out last January ... which can hit the large cash reserves they keep to prepare for large disasters. For example, State Farm, the ...
In Mariposa County, 42% of homeowners are already using the FAIR plan as the county has the third highest non-renewal ...
"The reason that we can't move back into our house is because California FAIR Plan is just, like, giving us a total runaround," said Saul Kerpelman, whose Pacific Palisades home survived the fire ...
Consumer Watchdog sues Insurance Commissioner Ricardo Lara, alleging that rules he issued last year that will allow the ...
And she blames one entity for that: the California Fair Plan, the state’s insurer of last resort. Jordan says a door at their East Loma Alta Drive home swung open during the firestorm and the ...
Consumer advocates are suing to halt a massive homeowner-funded bailout of California’s last-resort ... known as the FAIR Plan, to collect $1 billion in emergency payments from other insurers ...
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