News

JD Supra3d
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 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 ...
Los Angeles Daily News6d
Lawsuits accuse insurers of colluding to drop coverage in fire-prone parts of California
Insurers, including State Farm and 24 other companies that hold 75% of California ... (AP Photo/Mark J. Terrill, File) The other lawsuit includes all policyholders who obtained the FAIR Plan ...
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 ...
Morningstar5d
State Farm, Farmers and Other Top Insurance Companies Sued for Violating California Antitrust Laws: Shernoff Bidart Echeverria LLP
The California FAIR (Fair Access to Insurance Requirements) Plan was created to offer insurance to property owners who cannot get coverage due to wildfire or other risks. It provides limited ...
Taves: Insurance Commissioner Ricardo Lara is paving California’s road to hell
A new state insurance regulation, expanding homeowners’ coverage in the most flammable areas, greases the wheels of ...