The California program was created to protect urban neighborhoods. Now it’s become an incentive to build in fire-prone areas.
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
Wildfires push California ... 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 ...
Two Democratic California state senators on Monday will announce a proposal allowing the victims of natural disasters and ...
“We have not yet asked the California Insurance Commissioner for an assessment in response to the Southern California fires,” the statement said. The last time the FAIR Plan issued an assessment was ...
Over the past several years, multiple large private insurers have opted not ... if the FAIR plan goes bust? If the money in the FAIR Plan runs out, insurance companies operating in California ...