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Consumer Watchdog sues Insurance Commissioner Ricardo Lara, alleging that rules he issued last year that will allow the ...
The FAIR Plan, which stands for Fair Access to Insurance Requirements, was approved by the state legislature in 2023 and finally launched April 10. It took two years to essentially build an insurer ...
California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.
Consumer advocates are suing to halt a massive homeowner-funded bailout of California’s last-resort insurance program after it reported it would run out of money to pay claims arising from the ...
The lawsuit claims insurers conspired to force homeowners onto the FAIR Plan, a last-resort insurance program.
Colorado will launch the state’s new, last-resort homeowners insurance program — known as the FAIR Plan — on Thursday even as this summer’s weather conditions could be ripe for severe ...
The FAIR Plan offers home insurance to people in high-risk areas that have been rejected by 3 insurance companies. Officials said they're working on getting agents access to the policy system so ...
SACRAMENTO — As more people in California lose private insurance, the state's FAIR plan is filling up with homes in places the industry itself has classified as low-risk for wildfire. The state ...
The Colorado FAIR Plan officially launched on Thursday, which will provide some hope and relief for Colorado homeowners who’ve been dropped by their carrier or are unable to obtain insurance due ...
By shrinking their presence in California, the class action lawsuit contends, insurers conspired to force homeowners onto the state’s FAIR Plan, an expensive last-resort insurance program.