What is the FAIR Plan and will it be fair to wildfire victims?
Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
LA Times on MSN9d
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resort
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
FAIR Plan gets 4,400 claims from LA wildfire victims
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...
LA Times on MSN23d
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 ...
Bankrate on MSN10mon
California FAIR Plan insurance: What it is and how it works
The California FAIR Plan is an insurance program of last resort for homeowners in high-risk areas of the Golden State who are ...
The wealthy need to pay their share toward fair school funding: Hannah Halbert
Ohioans know that by fully and fairly funding our public schools we can prepare our kids and our state for an uncertain ...
ABC7 San Francisco26d
What happens if CA FAIR Plan goes bankrupt? Here's how it could affect policyholders
SAN FRANCISCO (KGO) -- What happens if the California FAIR Plan goes under in the wake of the devastation in Los Angeles? And what impact could it have on the 8.7 million policyholders across the ...
Los Angeles Daily News7d
What is the FAIR Plan and will it be fair to wildfire victims?
These days, the FAIR (Fair Access to Insurance Requirements) Plan is becoming more of a first option than a last resort. The reliance on the program today stems from the state’s private ...
Los Angeles Times24d
California’s FAIR Plan, the home insurer of last resort, may need a bailout after the L.A. fires
To remain solvent, California’s Fair Plan may turn to its member insurers for financial help and prompt them to levy surcharges on policyholders. The California FAIR Plan Assn., the state’s ...