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California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.
"The California Legislature could address the issues by limiting the sale of fire insurance to only the FAIR Plan," one L.A.
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.
A group of property owners affected by the January wildfires is suing major California ... FAIR Plan. On the same day, lawyers filed a separate class action lawsuit alleging the same thing ...
Proposed reforms of the California FAIR Plan, the state’s insurer of last resort, are slammed by a consumer group as a ‘bailout’ for the insurance industry. Aug. 1, 2024 Insurers would be ...
Edelson and Kerley Schaffer are representing plaintiffs in a lawsuit filed against insurance companies and the California Fair Plan Association on April 10 in the Superior Court of Los Angeles ...
State Farm, the largest home insurer in California with roughly a million policies, didn't immediately respond to requests for comment. The FAIR Plan is an insurance pool that all the major ...
Consumer advocates are suing to halt a massive homeowner-funded bailout of California ... the state insurance department allowed the program, known as the FAIR Plan, to collect $1 billion ...
The house was covered by the California FAIR Plan, a private association that provides fire insurance to homeowners in the state who can’t otherwise find coverage. It is made up of all the ...