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Last Tuesday, June 24th, a Superior Court judge ruled that the California Fair Access to Insurance Requirements (FAIR) Plan ...
California's insurance of last resort is supposed to be for homes with high wildfire risk, but our CBS News California data analysis found that the vast majority of people in the FAIR Plan live in ...
A Los Angeles County Superior Court judge has ruled that the California FAIR Plan's smoke-damage policy, which limits claims ...
"The FAIR Plan needs to be a temporary option, not the only option," Insurance Commissioner Ricardo Lara said.
California FAIR Plan is an insurance conglomerate that provides coverage for those living in high-risk areas (due to frequent wildfires, earthquakes, etc.) in California.
Reps with the state’s home insurer of last resort said an appeal was unlikely in the court ruling, which said it violated ...
As more people in California lose private insurance, the state's FAIR plan is filling up with homes in places the industry itself has classified as low-risk for wildfire.
The risk “will create cost for consumers, for all of us as residents if we like living here, which we do,” he said. A representative for the FAIR Plan declined to comment beyond saying it ...
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires. ... “The FAIR Plan, the way we’ve set it up, is doing what it’s supposed to. ...
California FAIR Plan insurance is geared toward homes and businesses in areas at high risk of wildfires. A FAIR Plan policy typically costs more than a traditional policy does.
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