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California's FAIR Plan, the home insurer of last resort, may need a bailout after the L.A. fires
The California FAIR Plan Assn., the state's property insurer of last resort, was born of smoldering ashes — not of a wildfire, but of one of the worst urban disturbances in U.S. history. The Watts ...
A California appeals court this month turned down an effort by Insurance Commissioner Ricardo Lara to force the state's insurer of last resort to add more coverage to its basic fire policies.
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The fire ravaged Palisades Elementary Charter School in Pacific Palisades on Jan. 8. (Genaro Molina / Los Angeles Times) The California FAIR Plan received approval Tuesday from the state's insurance ...
Their homes survived the recent wildfires, but some homeowners said dealing with their FAIR Plan insurance is keeping them from moving back in. According to the Department of Insurance, the California ...
SAN DIEGO, Calif. — Homeowners and renters in San Diego may soon get a bill in the mail from their insurance companies to cover some of the cost of the LA wildfires to the California FAIR Plan.
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 ...
A firefighting plane makes a drop on a burning home in Pacific Palisades on Jan 7. (Brian van der Brug / Los Angeles Times) The California FAIR Plan Assn., the state's property insurer of last resort, ...
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California FAIR Plan received approval Tuesday from the state's insurance commissioner to assess its member companies $1 billion to help pay its Los Angeles fire claims — with consumers possibly ...
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