It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
State regulators approved a $1 billion bailout of California's insurer of last resort so that it could continue paying claims.
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
A $1 billion assessment announced Tuesday for California’s FAIR Plan, the state-run insurer of last resort, is expected to ...
It’s the first time ever such a surcharge, which Floridians already know as a “hurricane tax,” will hit Californians, and ...
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LAist on MSNTo keep California high-risk insurer solvent, homeowners will face a one-time assessmentThe FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.
California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-run program has renewed ...
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