In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
A $1 billion assessment announced Tuesday for California’s FAIR Plan, the state-run insurer of last resort, is expected to ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California's insurer of last resort after it ran out of money to pay claims arising from the devastating Los Angeles ...
The California FAIR Plan, the insurer of last resort, received approval to assess member carriers $1 billion to help pay its ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
It’s the first time ever such a surcharge, which Floridians already know as a “hurricane tax,” will hit Californians, and ...
A new commentary from AM Best noted that California policyholders increasingly turned to the state’s insurer of last resort ...
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.
Bay Area homeowners will likely be on the hook for a share of a massive bailout of California "s insurer of last resort after it ran out of money to pay claims arising from the devastating Los Angeles ...
Earlier this month, the California Department of Insurance announced that insurance companies have paid out $4.2 billion in ...