Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding ...
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
More than 4,400 fire-affected homeowners in Los Angeles County have filed insurance claims with the state’s insurer of last resort — the California FAIR Plan. That’s enough to kick the plan ...
With the insurance cost of the deadly wildfires projected to rise to around $30 billion according to CNBC, homeowners ...
California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up ...
Note that policy costs in these high-risk states, minus California, averaged $5,040 – roughly 150% more than Golden State ...
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...
More than 4,400 fire-affected homeowners in Los Angeles County have filed insurance claims with the state’s insurer of last resort —– the California FAIR Plan. That’s enough to kick the ...
See also: Anguished homeowners struggle to keep their insurance However, it’s not yet clear if the FAIR Plan needs to invoke these payment mechanisms. “We have not yet asked the California ...