JD Supra12d
What You Need to Know about the California Fair Access to Insurance Requirements Plan (FAIR Plan)
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
Insurance Insider1d
California FAIR Plan has already paid out $700mn+ for LA wildfires
The California Fair Plan (CFP) has already paid out more than $700mn for damages related to this year’s Los Angeles wildfires ...
What is the FAIR Plan and will it be fair to wildfire victims?
Close to half a million Californians use the FAIR plan for their homeowners’ insurance coverage. From September 2023 to ...
LA Times on MSN9d
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resort
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
LA wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding ...
The San Bernardino Sun7d
What is the FAIR Plan and will it be fair to wildfire victims?
These days, the FAIR (Fair Access to Insurance Requirements) Plan ... rates and policy language approved by the state’s insurance department. Only 0.5 percent of homeowners in California are ...
Newsday6d
LA wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
Wilson will receive a fraction of what he needs because he was covered by the California Fair ... to write him a new policy, forcing Wilson to get on the FAIR Plan to satisfy his mortgage ...