A year after CBS News California Investigates exposed concerning secrecy within the California FAIR Plan, state Insurance Commissioner Ricardo Lara is making good on his promise to change state law.
New legislation announced Monday would require the California FAIR Plan to provide insurance for more than just fires - a potential major shift for the state's insurer of last resort. Over the course ...
FAIR Plan now dominates coverage in some regions as insurers pull back. Ag groups say rural policies aren’t returning to the private market. Rising losses and pricing tensions complicate insurance ...
Homeowners insured through the California FAIR Plan could soon see much higher insurance costs as the state’s insurer of last resort raises rates because of wildfire risk. The California FAIR Plan ...
As commercial insurers have fled California in the wake of wildfires, FAIR has become the insurer of first resort for owners ...
Top contenders in the state insurance commissioner’s race squared off Friday, March 27 at a Pacific Palisades forum where they discussed wildfire risks and how they would reel in soaring premiums for ...
A 97-year-old California homeowner thought she had insurance protection when the Pacific Palisades wildfire struck her neighborhood. Instead, she learned the hard way what "bare-bones" coverage can ...
Two California home insurance providers, Travelers Insurance and the Interinsurance Exchange of the Automobile Club, are seeking to hike rates 7% and 11%, respectively, under a new catastrophic ...
California’s home insurance of last resort, the FAIR Plan, is raising rates 29.1% for certain homeowners starting Oct. 15. Rates will be highest for those in high-risk, fire prone areas. With many ...
Finys' proven FAIR Plan expertise and core insurance processing suite, the Finys Suite, will help Kansas FAIR Plan reduce manual processes, improve efficiency, and enhance service to agents and ...
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