LA Times on MSN8d
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resortThat’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said. By Christopher Flavelle ...
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Hours of calls. Delayed payouts. What FAIR Plan coverage is like for some Californians whose homes have burnedMcKim-Hibbard and her husband moved quickly to file a claim with the FAIR Plan after they learned their home had burned down in a wildfire. There were more than 450 people ahead of them in the ...
To remain solvent, California ... worth of reinsurance the FAIR Plan announced Friday it had. The reinsurance requires the plan to pay the first $900 million in claims and has other limitations.
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