News

As insurers withdrew from the L.A. market, more homeowners joined the FAIR Plan. Now Jan. 7 fire victims are battling with ...
Then L.A. fire victims paid the price,” April 23). The California Legislature could address the issues by limiting the sale of fire insurance to only the FAIR Plan. Property owners could be free ...
“All of these insurance companies participate in the California FAIR Plan. They own it and manage ... one would pick up a dropped policy at any price, on any terms. And that’s what happened.” ...
By shrinking their presence in California, the class action lawsuit contends, insurers conspired to force homeowners onto the state’s FAIR ... plan, have been able to charge higher prices ...
Consumers paid more for FAIR Plan fire policies, while insurance companies ‘reaped a windfall worth billions of dollars,’ ...
That's forced hundreds of homeowners onto the FAIR Plan that offers ... change when setting their prices and allowing them to pass on the costs of reinsurance to California consumers.