State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire” financial ...

That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...

Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...

This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...

State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...

The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...

Farmers Insurance Group issued its initial California wildfire loss report last week, pegging losses at $1.60bn to $2.15bn, ...

California legislators are pursuing greater oversight of the California FAIR Plan Association, the state’s insurer of last ...

See also: Anguished homeowners struggle to keep their insurance However, it's not yet clear if the FAIR Plan needs to invoke these payment mechanisms. "We have not yet asked the California ...

The California FAIR Plan has doubled in size since 2015, now accounting for roughly half a million policyholders across the ...