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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 ...
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 ...
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 ...
The state’s insurance of last resort is charging a $1 billion special assessment to private insurance providers, a move approved Tuesday by the state’s insurance commissioner after a record number of ...
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