FAIR Plan bailout deepens housing strains
California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...
Mansion Global6d
California’s State Insurance Gets $1 Billion Infusion as Wildfire Claims Overwhelm Providers
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
California homeowners will have to fund half of high-risk insurer’s $1 billion ‘bailout’
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
Insurancenewsnet.com6d
California FAIR Plan gets $1 billion assessment to head off insolvency
This is likely to drive up insurance costs for homeowners ... are on the hook for FAIR Plan losses. Homeowners across California should not have to pay a penalty to repair the damage from home ...
Bay Area homeowners likely to pay for California FAIR Plan insurance bailout
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
Tyler Morning Telegraph6d
California Insurers Can Pass Half of $1B FAIR Plan Rescue Cost to Policyholders | Insurify
And State Insurance Commissioner Ricardo Lara approved the California FAIR Plan’s request to assess ... company said in a letter to Lara. Wildfire costs will deplete the company’s capital ...