The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.

The FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.

It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.

What I like most about Munich RE is the global specialty insurance business, which in turn has a number of smaller business units. These business units offer a competitive advantage in terms of ...

This alert begins our series discussing legal issues related to the Southern California ... property prior to any remediation work. We encourage policyholders to review the language of their FAIR ...

CALIFORNIA-OSITY? The state of utter and amazing California-a-tude may be basked in on any day of the year, of course; somewhere, flowers are blooming in the Golden State, a wave is grandly ...

Many Americans are paying much more for their homeowner insurance these days — but Americans living in areas exposed to intense weather fueled by climate change are paying even more money ...

For months after their home burned down in the 2021 Caldor Fire, Jennifer McKim-Hibbard and her husband would wake up and call the California FAIR Plan. The FAIR Plan, California's state-created ...

Wildfires push California property owners to the costly FAIR insurance plan. With insurers canceling or refusing policies in high-risk wildfire areas, more Californians are turning to the FAIR ...

The California ... The nonprofit “Fair Access to Insurance Requirements” Plan is a private insurance pool created by the state, but operated jointly by fully licensed property and casualty ...

Munich Re MUV20.11%increase; green up pointing triangle can’t yet put a figure on the burden it will face as a result of the wildfires in California. “We have to expect that it will be a major ...