News

JD Supra3d
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 ...
Investigation reveals Californians are forced into the FAIR plan despite living in low-risk areas for wildfires — why this is happening and what residents can do about it
While it doesn’t sound that bad on the surface — homeowners can still purchase policies — it appears as though having more ...
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 ...
JD Supra11d
Homeowners Allege California FAIR Plan Member Insurers Impermissibly Restricted Wildfire-Related Loss Coverage
Last week, 10 California ... coverage.” The DOI approved the revised policy language in July 2017. In addition to alleging that the CFPA deceived the DOI by misrepresenting that revisions to ...
Santa Cruz Sentinel8d
Lawsuit seeks to halt California’s homeowner-funded FAIR Plan insurance bailout
The FAIR Plan is a state-mandated, high-risk pool of private insurers for homeowners and other property owners who can’t find traditional coverage ... new policies anywhere in California ...