News

JD Supra2d
Structure of the California FAIR Plan and the financial challenges
The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...
Lawsuits accuse insurers of colluding to drop coverage in fire-prone parts of California
Two lawsuits filed in Los Angeles accuse the major home insurers of colluding to limit coverage in high-risk areas across ...
The Real Deal4d
Insurers in crosshairs of two lawsuits over collusion in fire coverage
This summary is reviewed by TRD Staff. Two lawsuits in Los Angeles allege home insurers, including State Farm, colluded to limit coverage in high-risk fire zones, forcing homeowners onto the state ...
California homeowners allege home insurance companies colluded to deny coverage
The complaint accuses dozens of major insurance companies of collaborating in a “group boycott” of certain areas to force ...
CBS News4d
Insurers colluded to limit coverage in California areas at high risk for wildfires, lawsuits allege
That's forced hundreds of homeowners onto the FAIR Plan that offers limited coverage capping at $3 million, leaving them underinsured and now struggling to rebuild after the fires, says the ...
kcra.com5d
Lawsuits accuse insurers of colluding to drop coverage in fire-prone parts of California
That has forced hundreds of homeowners onto the FAIR Plan that offers limited coverage capping at $3 million, leaving them underinsured and now struggling to rebuild after the fires, says the ...
ABC75d
Property owners impacted by fires sue CA insurers for colluding to drop coverage in fire-prone parts
That has forced hundreds of homeowners onto the FAIR Plan that offers limited coverage capping at $3 million, leaving them underinsured and now struggling to rebuild after the fires, says the ...