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Two lawsuits filed in Los Angeles claim major home insurers conspired to restrict coverage in wildfire-prone California ...
Consumers paid more for FAIR Plan fire policies, while insurance companies ‘reaped a windfall worth billions of dollars,’ ...
"The California Legislature could address the issues by limiting the sale of fire insurance to only the FAIR Plan," one L.A.
The FAIR plan was established in California around 60 years ago and is a state-run insurance option for homeowners who can’t ...
The complaint accuses dozens of major insurance companies of collaborating in a “group boycott” of certain areas to force ...
The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...
according to a Times analysis of FAIR Plan and California Department of Insurance data. The Times found that in the Palisades and Eaton fire zones, the FAIR Plan’s rolls shot up last year a ...
contending that they colluded to eliminate competition between them by forcing homeowners to accept fire insurance coverage from California's insurer "of last resort," the California FAIR Plan.
Homeowners class action plaintiffs will depend on finding evidence of conspiracy in discovery process, a legal expert said, ...
The California Assembly Insurance Committee has approved Assembly Bill 1236, which proposes the creation of the Climate and Sustainability Insurance and Risk Reduction Grant Program.
State Farm, the largest home insurer in California with roughly a million policies, didn’t immediately respond to requests ...
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