New bill would transform California FAIR Plan with more coverage options, transparency

New legislation could make major changes to the California FAIR Plan.

California FAIR Plan insurance can range from $92 to $32,000. This map shows costs by ZIP code

One customer in San Jose pays just under $31,900 to be covered by the state's insurer of last resort. Most Californians don't pay quite so much, though the FAIR Plan is pricey.
Hoodline

Sacramento Showdown, Lawmakers Move To Turn Fire-Only FAIR Plan Into Full Coverage

A new California bill, the Make It FAIR Act, would require the California FAIR Plan — the state’s insurer of last resort — to ...
Yahoo

California FAIR Plan continues denying smoke damage claims despite court loss and regulatory action

Add Yahoo as a preferred source to see more of our stories on Google. Altadena resident Seriina Covarrubias visits her house in Altadena on Feb. 28. Her garage was destroyed and her house survived but ...
San Gabriel Valley Tribune

Map: See where California FAIR Plan seeks home insurance rate hikes

The FAIR Plan, California’s last-resort insurance program for homeowners needing fire coverage, is seeking approval for steep rate hikes averaging 35.8%, though some policyholders could actually see ...

Reform seeks to make FAIR Plan more like market insurance

The California insurance commissioner is backing new legislation meant to overhaul the California FAIR Plan, the home insurer ...
Silicon Valley

California’s FAIR Plan would face more scrutiny under bill heading to Newsom’s desk

In the closing days of the legislative year, California lawmakers sent Gov. Gavin Newsom a bill that is meant to toughen scrutiny of the state’s embattled fire insurer of last resort by insisting that ...
Artemis.bm

California FAIR Plan returns with $200m target for second Golden Bear Re wildfire cat bond

The California FAIR Plan Association has returned to the catastrophe bond market for its second sponsorship, seeking $200 ...