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California Insurance Commissioner calls on insurance companies to bail out FAIR PlanAs California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save California's insurance program of last resort, known as the FAIR Plan.
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
Bay Area homeowners will likely be on the hook for helping bail out California's insurer of last resort to the tune of $1 billion after it ran out of money to pay claims from the devastating Los ...
Senate Bill 100 would also exclude the Ohio Farm Bureau’s proposal for personal health plans from oversight by the Ohio Department of Insurance.
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
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