JD Supra10d
What You Need to Know about the California Fair Access to Insurance Requirements Plan (FAIR Plan)
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resort
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
Vox6d
The LA fires have a shocking price tag — and we’ll all have to pick up the tab
That could lead to higher insurance premiums for all policyholders in California, not just those on the FAIR Plan. To cushion the blow of disasters like the Los Angeles fires, insurance companies ...
PBS13d
California's FAIR Plan Strained by Wildfires
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 ...
Orange County Register5d
What is the FAIR Plan and will it be fair to wildfire victims?
What happens if the FAIR plan goes bust? If the money in the FAIR Plan runs out, insurance companies operating in California may be required to contribute additional capital to the plan.