What is the FAIR Plan and will it be fair to wildfire victims?
Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
FAIR Plan gets 4,400 insurance claims from LA County wildfire victims
California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up ...
PBS13d
California's FAIR Plan Strained by Wildfires
As a result, FAIR Plan homeowner policies grew to more than 451,000 as of September 2024, a 123% spike over the past three years. Last year, State Farm chose not to renew tens of thousand of ...
Los Angeles Daily News5d
What is the FAIR Plan and will it be fair to wildfire victims?
These days, the FAIR (Fair Access to Insurance Requirements) Plan is becoming more of a first ... E&S insurers have “freedom of rate and form,” which means they are not required to issue ...
Insurancenewsnet.com10d
FAIR Plan gets 4,400 claims from LA wildfire victims
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 ...