The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.
The FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.
FOX 13 Seattle on MSN4h
Insurance questions in CA after deadly firesSevere weather is threatening to derail recovery efforts in Southern California after last month's deadly wildfires.
A bill that would subject pharmacy benefit managers to licensing by the state Department of Insurance faces a hurdle: Gov.
As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-created safety net program ...
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