News

Four months into insurance claim delays and disputes, a new blow to fire victims: A rate hike
For four months, the frustrations and indignities have continued for victims of the Palisades and Eaton fires, especially for ...
valuepenguin22d
The Best Cheap Renters Insurance in California (2025)
Comparing rates can lower your annual renters insurance by hundreds ... everywhere in California regardless of wildfire risk through a program called the California Fair Plan. You can buy ...
CA approves State Farm's emergency rate hike; increases as high as 38% start June 1
Starting next month, millions of Californians will see a sharp rise in their property insurance premiums as State Farm got ...
JD Supra20d
Structure of the California FAIR Plan and the financial challenges
The California FAIR Plan (the FAIR Plan ... issued a press release regarding a request for an “emergency interim rate increase” under Proposition 103 and scheduled an in-person meeting ...
Mercury News28d
Lawsuit seeks to halt California’s homeowner-funded FAIR Plan insurance bailout
The FAIR Plan is a state-mandated ... have paused writing new policies anywhere in California despite raising rates. They’ve cited increasing wildfire risks and rising rebuilding costs, as ...
California Pays for Insurance Struggles and FAIR Plan Dependence
Opinion: Singleton Schreiber's Michelle Meyers argues California's FAIR Plan's failure should be blamed on private insurers ...
Newsday22d
Lawsuits accuse insurers of colluding to drop coverage in fire-prone parts of California
Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities ... of homeowners onto the FAIR Plan that offers limited ...
Mercury News22d
California lawsuit accuses insurance companies of ‘illegal scheme’ to drop homeowners
State Farm, the largest insurer in California, did not respond to a request for comment. The FAIR Plan is a state-mandated ... easier for companies to raise rates, with the hope of convincing ...