News

The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...
California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.
A new lawsuit alleges that California's major insurers worked together to push higher premiums and lower coverage caps onto ...
The order allows insurers to recoup half the cost from its policyholders in the form of a one-time fee. The commissioner must ...
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.
I think I went 45 days just going to voicemail every time," said Pacific Palisades homeowner ... the reality for some homeowners with the FAIR Plan. "They’ve sent me checks that have been ...
That has forced hundreds of homeowners onto the FAIR Plan that offers limited coverage capping at $3 million, leaving them underinsured and now struggling to rebuild after the fires, says the ...
well below the current $1 billion requested by the FAIR Plan. Previously, insurers could have tried to recoup those costs by raising premiums instead of charging one-time fees. The insurance ...