Orange County Register11d
What is the FAIR Plan and will it be fair to wildfire victims?
That’s the multibillion-dollar question. The FAIR Plan is an option for homeowners who are unable to obtain insurance ...
insurancebusinessmag1d
'It's a massive cleanup effort': FAIR Plan's wildfire surge sparks industry-wide alarm
“The FAIR Plan is suitable as the insurer of last resort,” he said, adding that while it provides coverage, it comes with ...
Business Insider3d
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
Property owners across California will likely pay higher insurance premiums to help cover the damages of the Los Angeles wildfires after the state's insurance plan of last resort said it doesn't ...
The New York Times4d
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
Leaving California would not relieve insurers of their share of the assessment for the FAIR Plan. But they might conclude that continuing to write home insurance policies in the state has ...
Mansion Global2d
California’s State Insurance Gets $1 Billion Infusion as Wildfire Claims Overwhelm Providers
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
The Associated Press on MSN10d
LA wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
The nation’s growing home insurance crisis is in the spotlight as Californians begin the long road to rebuilding after the ...