That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
California’s insurance authority has launched an online tracking tool that shows how much money has been paid out in claims ...
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
The California Department of Insurance (CDI) has released claims payment data showing that insurers have already paid out ...
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 ...
Two Democratic California state senators on Monday will announce a proposal allowing the victims of natural disasters and ...
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...