Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
As insurance companies retreat, the FAIR Plan has ... that affect a property’s likelihood to suffer a loss. Another major policy change allows insurers to charge California homeowners for ...
The legislation would permit a state government conduit issuer to sell bonds to bolster the last-resort FAIR Plan in the wake ...
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
Wildfires push California property owners to the costly FAIR insurance plan. With insurers canceling or refusing policies in high-risk wildfire areas, more Californians are turning to the FAIR ...
State Farm has received more than 8,700 claims from the Los Angeles fires alone and paid more than $1 billion to customers, ...
State Farm is seeking emergency rate hikes of up to 38% for California homeowners, renters and landlords following wildfire ...
California residents have switched to a state-backed “last resort” insurance plan that is now facing staggering loss ...
That's enough to kick the plan's strained finances further into crisis mode, increasing the chances that homeowners statewide ...