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California homeowners are suing dozens of insurance companies, claiming they devised an “illegal scheme” to boost profits by dropping customers and reducing coverage across the state.
AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last ...
The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...
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Santa Cruz Sentinel on MSNLawsuit seeks to halt California’s homeowner-funded FAIR Plan insurance bailoutIn the greater Bay Area, insurers who opt into the plan will be required to write more policies in Marin, Napa and Santa Cruz ...
The California Assembly Insurance Committee has approved Assembly Bill 1236, which proposes the creation of the Climate and ...
Los Angeles wildfire victims brought two antitrust suits against several insurers in the state, alleging they forced ...
Democrats in the California Legislature have pledged to make the state more affordable since the November election. The state ...
The lawsuit claims insurers conspired to force homeowners onto the FAIR Plan, a last-resort insurance program.
Bidart of Shernoff Bidart Echeverria LLP, one of the law firms representing the plaintiffs, said in a statement ... The FAIR Plan has its own reserves, but is backstopped by California ...
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