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The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...
Santa Cruz Sentinel on MSN7d
Lawsuit seeks to halt California’s homeowner-funded FAIR Plan insurance bailoutIn the greater Bay Area, insurers who opt into the plan will be required to write more policies in Marin, Napa and Santa Cruz ...
The FAIR plan was established in California around 60 years ago and is a state-run insurance option for homeowners who can’t ...
A group of property owners affected by the January wildfires is suing major California insurance carriers, including the state’s largest, State Farm, accusing them of violating California’s ...
The FAIR Plan has its own reserves, but is backstopped by California's licensed property insurers, which are required to pay claims when the plan runs through its funds. The plan has proved ...
In a statement to CBS News Los Angeles, the Department of Insurance said, "all insurance companies, including the California FAIR Plan, are required by law to adopt and implement reasonable ...
A Los Angeles consumer group has sued Insurance Commissioner Ricardo Lara to block potential surcharges on home insurance policies statewide as a result of the heavy losses suffered by the ...
"Their view — since 2012 and across thousands of wildfire claims — is that these houses are not damaged. They’re dirty." ...
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