“This landmark ruling establishes that Fair Plan's smoke-damage denial policies are illegal, paving the way for thousands of ...

A California Energy Commission official is recommending a pause on Gov. Gavin Newsom's plan to penalize oil companies if ...

Roughly 4,700 claims have been filed as of this week, and the plan has already paid out more than $914 million. Under a FAIR Plan request approved by the state Tuesday, all insurers doing business in ...

Homeowners who suffered smoke damage during the Southern California wildfires in January got a big win in court.

Insurance Commissioner Ricardo Lara announced the approval of the California FAIR Plan Association’s commercial filing to increase commercial property coverage limits. ... increase in coverage limits ...

That decision was prompted by a lawsuit filed in 2021 by a man whose home, about 100 miles east of Sacramento, burned in a ...

A Los Angeles County Superior Court judge has ruled that the California FAIR Plan's smoke-damage policy, which limits claims ...

California’s FAIR Plan has $599 billion at risk and faces growing threat of eventually running out of money. Learn more.

The California FAIR Plan paid $2.7 bn after receiving more than 5,000 claims from the Palisades and Eaton fires in Los Angeles in January, resulting in an $800 mn deficit. Almost half of policyholders ...

The agent used Farmers’ replacement cost estimating software to estimate the replacement cost of the home at $1.2 million and helped Hughes obtain a FAIR Plan policy in that amount. Unfortunately, ...

FAIR plan had inadequate reserves. California insurance companies must fund the FAIR Plan proportionally according to their market share. At the time of the January wildfires, the plan had ...