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The California FAIR Plan now insures a greater percentage of the state than all but a handful of private insurers.
Reps with the state’s home insurer of last resort said an appeal was unlikely in the court ruling, which said it violated state law.
The legal fight highlights a growing tension in California’s insurance market, where major carriers have scaled back coverage ...
The FAIR Plan Association, a pool of insurers required by state statute to provide fire-insurance policies when property owners can’t find them elsewhere, is experiencing major growing pains.
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California FAIR Plan Insurance: What You Need to Know - MSNFrom September 2019 to June 2024, the number of FAIR Plan policies for California homes soared by 164%, the plan’s data shows. How California FAIR Plan Insurance Works ...
FAIR Plan President Victoria Roach refused to speak on the record for this story. Spokesperson McLean said the association is dealing with an onslaught of new applications — about 900 a day, ...
The FAIR Plan is writing more fire-insurance policies after conventional insurers exit such coverage in California. Now homeowners complain about poor service, rising costs and threats of getting ...
FAIR Plan President Victoria Roach refused to speak on the record for this story. Spokesperson McLean said the association is dealing with an onslaught of new applications — about 900 a day, down from ...
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