ZestyAI, a provider of AI-driven climate and property risk analytics, announced that Z-FIRE, its advanced wildfire risk model, is now filing-ready in ...
As wildfires, hurricanes and other natural disasters become more frequent due to climate change, many property owners find ...
The Insurance Journal, a trade magazine, reports that the California Fair Plan, has $377 million to play claims plus $5.75 billion in insurance it bought to cover mass disasters. If true ...
This announcement follows the recent approval to sell the Casita across the entire State of California, inclusive of all climate zones. This marks extraordinary progress for BOXABL as California ...
SAN DIEGO — As wildfires continue to ravage Los Angeles County, concerns are mounting over the financial capacity of California's insurer of last resort, the FAIR Plan, to handle what will ...
“They were forced to switch to the California FAIR plan. Even though they’re insured, like many victims of this tragedy, they’re underinsured.” The FAIR plan is supposed to function as ...
To remain solvent, California’s Fair Plan may turn to its member insurers ... Any surcharges would require the approval of the insurance commissioner. Consumer Watchdog — which wrote the ...
LOS ANGELES — The California FAIR Plan Association, the state's property insurer of last resort, was born of smoldering ashes — not of a wildfire, but of one of the worst urban disturbances in ...
Some were pushed to the insurer of last resort, the California FAIR plan. California Deputy Insurance Commissioner Michael Soller describes that as "limited coverage at a higher cost. You pay more ...