In 2021, I was honored to follow through on this work as the lead Democratic sponsor of House Bill 1, the Fair School Funding Plan, which adopted the base formula into law. As part of a compromise, we ...

The California FAIR Plan, the insurer of last resort, received approval to assess member carriers $1 billion to help pay its ...

In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...

Officials say that the $1 billion bailout is the largest in the history of the FAIR Plan, and will likely raise the future cost of home insurance in the state ...

The department says it’s the first time the Fair Plan has sought approval for additional money in more than 30 years.

These days, the FAIR (Fair Access to Insurance Requirements) Plan is becoming more of a first option than a last resort. The reliance on the program today stems from the state’s private ...

In a statement released Thursday, Jan. 30, the California FAIR Plan reported receiving more than 4,400 claims from victims of the Palisades and Eaton fires in the past three weeks. “The FAIR ...

There’s special scrutiny of the so-called “FAIR Plan,” a state-run insurer of last resort that has only $377 million in reserves. There are growing fears that this backstop may need a ...

California’s insurers paid out $1.08 in claims and claims-related expenses for every dollar collected in premiums between 2013 and 2022. As insurance companies retreat, the FAIR Plan has seen ...