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"The California Legislature could address the issues by limiting the sale of fire insurance to only the FAIR Plan," one L.A.
Homeowners class action plaintiffs will depend on finding evidence of conspiracy in discovery process, a legal expert said, ...
While it doesn’t sound that bad on the surface — homeowners can still purchase policies — it appears as though having more ...
The FAIR plan was established in California around 60 years ago and is a state-run insurance option for homeowners who can’t ...
The post L.A. Wildfire Victims Sue Insurance Carriers for Dropping Fire Coverage appeared first on Real Estate News & ...
Consumers paid more for FAIR Plan fire policies, while insurance companies ‘reaped a windfall worth billions of dollars,’ ...
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.
The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...
The complaint accuses dozens of major insurance companies of collaborating in a “group boycott” of certain areas to force ...
As insurers withdrew from the L.A. market, more homeowners joined the FAIR Plan. Now Jan. 7 fire victims are battling with the state's insurer of last resort to get compensated.
Two lawsuits in Los Angeles allege home insurers, including State Farm, colluded to limit coverage in high-risk fire zones, ...
State Farm, the largest home insurer in California with roughly a million policies, didn’t immediately respond to requests ...
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