The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...

While it doesn’t sound that bad on the surface — homeowners can still purchase policies — it appears as though having more ...

Consumer Watchdog sues Insurance Commissioner Ricardo Lara, alleging that rules he issued last year that will allow the ...

The lawsuit filed Monday arrives as California grapples with a deepening insurance availability crisis. Over the last several ...

Now the major event that the ... billion it can tap from reinsurance firms that act as backstops to insurance companies. More and more homeowners have come to rely on FAIR since other private ...

Colorado lawmakers have taken a significant step toward reshaping the state's insurance landscape by advancing legislation ...

Terrill, File) The other lawsuit includes all policyholders who obtained the FAIR Plan after January 2023, when the ...

As a result of the insurance companies’ actions, hundreds of homeowners were forced onto the California FAIR Plan ... allowing climate risk and reinsurance costs to influence premium pricing.

Insurance Commissioner ... and depopulate the FAIR Plan to bring its policyholders into the admitted market Allowing forward-looking catastrophe modeling and accurate reinsurance costs in the ...