The California FAIR Plan Assn., the state's property insurer of last resort, was born of smoldering ashes — not of a wildfire, but of one of the worst urban disturbances in U.S. history.
More than 4,400 fire-affected homeowners in Los Angeles County have filed insurance claims with the state’s insurer of last resort — the California FAIR Plan. That’s enough to kick the plan ...
To remain solvent, California’s Fair Plan may turn to its member insurers for financial help and prompt them to levy surcharges on policyholders. The California FAIR Plan Assn., the state’s ...
Fire insurance has become more costly—if it's available at all—in California, leading more Golden State homeowners to turn to the FAIR Plan, a government-backed insurer of last resort.
SAN FRANCISCO (KGO) -- What happens if the California FAIR Plan goes under in the wake of the devastation in Los Angeles? And what impact could it have on the 8.7 million policyholders across the ...
Wildfires push California property owners to the costly FAIR insurance plan. With insurers canceling or refusing policies in high-risk wildfire areas, more Californians are turning to the FAIR ...
SAN DIEGO — As wildfires continue to ravage Los Angeles County, concerns are mounting over the financial capacity of California's insurer of last resort, the FAIR Plan, to handle what will ...
Those who are unable to obtain insurance have instead turned to the “insurer of last resort,” better known as the California Fair Access to Insurance Requirements Plan (FAIR Plan). The FAIR Pl ...
More worrisome may be the solvency of the California FAIR Plan which has a lot of exposure in the impacted areas. These tragic fires may actually have a positive impact on the market by expediting ...
In a statement released Thursday, Jan. 30, the California FAIR Plan reported receiving more than 4,400 claims from victims of the Palisades and Eaton fires in the past three weeks. “The FAIR ...
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