News

Consumer Watchdog sues Insurance Commissioner Ricardo Lara, alleging that rules he issued last year that will allow the ...
California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.
A consumer group sued California Insurance Commissioner Ricardo Lara and his department this week in a bid to stop consumers from paying part of the California FAIR Plan's losses from the Los Angeles ...
FAIR plan insurance covers high-risk homeowners who otherwise can’t obtain coverage. Many states offer last-resort FAIR (Fair ...
The Colorado FAIR Plan officially launched on Thursday, which will provide some hope and relief for Colorado homeowners.
For more information, visit coloradofairplan.com. The Colorado legislature in 2023 approved the Fair Access to Insurance Requirements Plan in response to a growing property insurance crisis in the ...
But new rules passed last September mean that anyone with property insurance ... The latest FAIR Plan bylaws seem designed to increase transparency on this front. The plan would be required ...
"all insurance companies, including the California FAIR Plan, are required by law to adopt and implement reasonable standards for processing smoke damage claims," and also said it "is not ...
Insurance Commissioner Ricardo Lara announced the approval of the California FAIR Plan Association's commercial filing to increase commercial property coverage limits. This move is a key element of ...
What requirements must I meet to qualify for California FAIR Plan insurance? To qualify for California FAIR Plan’s home insurance, you must have been denied by other insurance companies and live ...
A Los Angeles consumer group has sued Insurance ... the plan to run through its reserves, reinsurance and any catastrophe bonds. Insurers would be required to cover up to $2 billion in FAIR ...