Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
LA Times on MSN8d
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resortThat’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...
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 ...
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