State regulators said Tuesday that they will allow the program, known as the FAIR Plan, to collect $1 billion from private insurance companies doing business in California to pay its claims.
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires SACRAMENTO, Calif.
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California ... in the form of a "bulletin" and not a regulation subject to typical rule making procedures. "Homeowners across the state shouldn’t be on the hook because insurance companies dumped ...
The FAIR Plan ... form,” which means they are not required to issue policies at rates and policy language approved by the state’s insurance department. Only 0.5 percent of homeowners in ...
These days, the FAIR (Fair Access to Insurance Requirements) Plan ... and form,” which means they are not required to issue policies at rates and policy language approved by the state’s insurance ...
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