california fair plan coverage

California, Insurers

California’s insurer for people without private coverage needs $1 billion more for LA fires claims

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the state Insurance Department said Tuesday.

Newsweek on MSN · 8h

Californians Made to Pay More for Coverage to Help Bail Out Insurers

State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.

Bloomberg on MSN · 11h

California’s $1 Billion Insurer Bailout Deepens Housing Strains

A $1 billion assessment announced Tuesday for California’s FAIR Plan, the state-run insurer of last resort, is expected to drive up premiums as companies will likely pass some of the costs onto homeowners.

1don MSN

California FAIR Plan's $1 billion bailout after L.A. fires

CNBC's Contessa Brewer joins 'Power Lunch' to report on California’s FAIR Plan that provides insurance to homeowners who ...

1don MSN

Critical California insurer calls for $1 billion infusion to cover LA wildfire claims

California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.

1don MSN

California’s backup insurance provider seeks $1B after wildfires. Policyholders could pay half

The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...

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California, Insurers

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