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The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...
California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.
California’s Fair ... by the plan that were assessed on its member insurers to be recouped by surcharges on the carriers’ statewide residential and commercial insurance policies in an ...
But a large FAIR plan is a dangerous liability, as California ... renewing policies," Frazier said. Because we have a system that has not allowed companies to earn enough money to do business ...
That’s especially true for some families forced onto the California FAIR Plan as a last resort after ... And even with the more limited policy, some say they’re still not getting the ...
In February, the state insurance department allowed the program, known as the FAIR Plan, to collect $ ... have paused writing new policies anywhere in California despite raising rates.
California homeowners filed suit in Los Angeles County Superior Court against the California FAIR Plan Association (CFPA) and several ...
president of the Personal Insurance Federation of California, which represents major property and casualty insurers, said the lawsuit represents a “bona fide dispute” over Fair Plan policy ...
Homeowners who can show they’ve been declined coverage by at least three commercial insurance companies can apply to purchase a FAIR Plan policy that ... was organized in California in the ...
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