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 resortThat’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
5don MSN
Even next-door neighbors face starkly contrasting fortunes and unequal recovery, as nation's home insurance crisis grows.
The FAIR Plan is an option for homeowners who are unable to obtain insurance from any private insurance company. The program was created by the state government, but it is financially backed by ...
It provides cash when an insurance company becomes overloaded with more claims than it had planned for. FAIR reinsurance taps out at $2.6 billion. As of Tuesday, the FAIR Plan had received more ...
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