News

Investigation reveals Californians are forced into FAIR plan despite living in low-risk areas for wildfires
The FAIR plan was established in California around 60 years ago and is a state-run insurance option for homeowners who can’t ...
California lawsuit accuses insurance companies of ‘illegal scheme’ to drop homeowners
The lawsuit claims insurers conspired to force homeowners onto the FAIR Plan, a last-resort insurance program.
JD Supra2d
Structure of the California FAIR Plan and the financial challenges
The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...
Investigation reveals Californians are forced into the FAIR plan despite living in low-risk areas for wildfires — why this is happening and what residents can do about it
While it doesn’t sound that bad on the surface — homeowners can still purchase policies — it appears as though having more ...
California Insurers Hit by FAIR Plan Antitrust Suit After Fires
Los Angeles wildfire victims brought two antitrust suits against several insurers in the state, alleging they forced ...
Digital Insurance6d
California FAIR Plan bill stops short on financing method
AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last ...
Lawsuits accuse insurers of colluding to drop coverage in fire-prone parts of California
Two lawsuits filed in Los Angeles accuse the major home insurers of colluding to limit coverage in high-risk areas across ...
California homeowners allege home insurance companies colluded to deny coverage
The complaint accuses dozens of major insurance companies of collaborating in a “group boycott” of certain areas to force ...
Los Angeles Times4d
Insurer of last resort kept growing. Then L.A. fire victims paid the price
But so far, Hvolka said, she’s been stymied by the California FAIR Plan, from which she bought coverage last year after her insurer of more than a decade suddenly dropped her. “I want to be on ...
Insurers colluded to limit coverage in California areas at high risk for wildfires, lawsuits allege
Two lawsuits allege major home insurance companies have colluded to limit coverage in wildfire-prone California communities​ and force homeowners onto the state's last-resort insurance plan​.