California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...
Harvey Rosenfield, Consumer Watchdogs, talks about the California FAIR Plan’s $1 billion bailout and the plan to impose a ...
California’s insurance commissioner approved a plan Tuesday, Feb. 11, to keep the state’s insurance of last resort solvent by ...
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
“The FAIR Plan is suitable as the insurer of last resort,” he said, adding that while it provides coverage, it comes with ...
California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
These days, the FAIR (Fair Access to Insurance Requirements) Plan is becoming more of a first option than a last resort. The ...
What's going on with the FAIR plan in a post-Eaton and Palisades fires California? What's the backstory to the frozen ...
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...