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Last Tuesday, June 24th, a Superior Court judge ruled that the California Fair Access to Insurance Requirements (FAIR) Plan ...
A Los Angeles County Superior Court judge has ruled that the California FAIR Plan's smoke-damage policy, which limits claims ...
That decision was prompted by a lawsuit filed in 2021 by a man whose home, about 100 miles east of Sacramento, burned in a ...
Reps with the state’s home insurer of last resort said an appeal was unlikely in the court ruling, which said it violated ...
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Homeowners sue California FAIR Plan, claim it's not paying for home cleanups after wildfiresThe FAIR Plan pays all covered claims, including smoke claims, consistent with California law and its policy forms, which are approved by the California Department of Insurance.
SACRAMENTO, Calif. — California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the ...
Lawsuit: Cal FAIR Plan illegally denied fire damage claims The class-action filing seeks smoke damage coverage for 400,000 clients. To stream CBS 8 on your phone, you need the CBS 8 app.
California’s last-resort fire insurance could get big commercial coverage boost, home ‘hardening’ discount. California Insurance Commissioner Ricardo Lara announces upgrades to the FAIR Plan ...
California's FAIR plan holds approximately $700 million in cash reserves, $200 million in additional reserves, and $2.5 billion in reinsurance. Why All Homeowners Might See Increased Insurance Costs ...
Now, he worries about the smoke and soot, and said he's been dealing with the FAIR Plan for months. "The FAIR Plan stance is that our house is dirty, and that there's not fire damage," said Kerpelman.
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