Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern ...
California’s insurance authority has launched an online tracking tool that shows how much money has been paid out in claims ...
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 ...
The Insurance Journal, a trade magazine, reports that the California Fair Plan, has $377 million to play claims plus $5.75 billion in insurance it bought to cover mass disasters. If true ...
concerns are mounting over the financial capacity of California's insurer of last resort, the FAIR Plan, to handle what will likely be a massive influx of fire claims. The California FAIR (Fair ...
The California ... could wipe out the plan's $377 million in reserves, as well as $5.78 billion worth of reinsurance the FAIR Plan announced Friday it had. The reinsurance requires the plan to pay the ...
The FAIR Plan provides nearly $6 billion of wildfire coverage in that area, among the highest totals in the state. At present, the California plan has about $377 million available to pay claims ... AP ...
The California FAIR Plan ... 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.