JD Supra11d
What You Need to Know about the California Fair Access to Insurance Requirements Plan (FAIR Plan)
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
LA Times on MSN8d
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resort
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
Inland Valley Daily Bulletin6d
What is the FAIR Plan and will it be fair to wildfire victims?
Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
Vox7d
The LA fires have a shocking price tag — and we’ll all have to pick up the tab
That could lead to higher insurance premiums for all policyholders in California, not just those on the FAIR Plan. To cushion the blow of disasters like the Los Angeles fires, insurance companies ...
Orange County Register6d
What is the FAIR Plan and will it be fair to wildfire victims?
What happens if the FAIR plan goes bust? If the money in the FAIR Plan runs out, insurance companies operating in California may be required to contribute additional capital to the plan.