This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...

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.

State Farm, California’s largest insurer, said it has already paid out $1 billion across 8,700 claims from the Palisades ... s insurer of last resort, the FAIR Plan. It’s intended as a ...

Jewlz and Terry Fahn said they will need to file a claim under the FAIR Plan ... Mario Tama/Getty Images Even amid the growing climate risk in states like California, the property and casualty ...

Insurance Commissioner Ricardo Lara said California is working to make sure all claims are paid. He said in a statement that his office is working to get homeowners off the FAIR Plan and back to ...

Insuring homes in fire-prone areas was already an issue, even with overdue reforms, and the state’s FAIR plan is ... home and auto claims for affected policyholders. California homeowners ...

McKim-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 ...

A spokesperson for the FAIR Plan declined to say how much money it has in reserves, nor would she confirm the New York Times’ report ... claims-paying capacity.” “The loss in Southern ...