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As more people in California lose private insurance, the state's FAIR plan is filling up with homes in places the industry itself has classified as low-risk for wildfire.
The lawsuit filed Monday arrives as California grapples with a deepening insurance availability crisis. Over the last several ...
California homeowners are suing dozens of ... “We have been highlighting, for years, the existential threat of continued FAIR Plan growth that could collapse the entire insurance industry ...
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SiliconValley.com on MSNCalifornia lawsuit accuses insurance companies of 'illegal scheme' to drop homeownersCalifornia homeowners are suing dozens of insurance companies, claiming they devised an "illegal scheme" to boost profits by dropping customers and reducing coverage across the state. By shrinking ...
The FAIR Plan, California's insurer of last resort operated ... placing further strain on the market. This growth has created what experts call a "hidden crisis" that threatens long-term solvency ...
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California wants fewer homeowners insured on the FAIR Plan. Data show the state's strategy may not be enough.But a large FAIR plan is a dangerous liability, as California found out last January ... And if you look at the growth, you can see that the majority of the growth is not in the brush.
"This has led to private insurers pulling back on the market and a record level of growth for the California FAIR Plan, the state-backed insurer of last resort." The FAIR Plan, which provides fire ...
Dozens of state attorneys general, including California, are calling for Congress to end a practice ... This practice has ...
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This will be the third time that people in Cambridgeshire & Peterborough have elected a mayor, but in Cambridge city centre ...
The downgrade to Britain’s growth forecasts heightens the importance of Rachel Reeves securing a trade deal for the UK ...
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