insurancebusinessmag1d
Revealed - insurers may recover up to half of $1B California FAIR Plan assessment
California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
KTLA3d
California’s FAIR Plan gets $1 billion bailout after L.A. fires
Roughly 4,700 claims have been filed as of this week, and the plan has already paid out more than $914 million. Another insurance company is rolling back coverage in California Under a FAIR Plan ...
The Business Journals3d
California bails out FAIR Plan with $1 billion assessment in wake of LA fires
In the wake of the Los Angeles fires, the California ... coverage now and in the future has never been greater,” Sektnan said. “A critical component of this effort is preserving the FAIR Plan ...
USA Today3d
Critical California insurer calls for $1 billion infusion to cover LA wildfire claims
The California Department of Insurance said Tuesday they will allow the FAIR Plan, designed for Californians who can’t get coverage on the private market, to collect $1 billion from insurers ...