State Insurance Commissioner Ricardo Lara leaves an Assembly Committee on Insurance hearing on Tuesday, Sept. 17, 2024 at Los Angeles City Hall. (Photo by Sarah Reingewirtz, Los Angeles Daily ...
The recent devastating fires in Los Angeles are going to make the state’s insurance crisis that much worse for home and property owners in much of California including those some 350 miles ...
As the region starts to recover, low-income residents will have the hardest time returning to normal, if they return at all.
Rep. Mike Thompson and a Santa Rosa survivor of the 2017 Tubbs Fire help victims of the Los Angeles blazes deal with ...
California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up ...
For months after their home burned down in the 2021 Caldor Fire, Jennifer McKim-Hibbard and her husband would wake up and call the California FAIR Plan. The FAIR Plan, California's state-created ...
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 ...
The California FAIR Plan has an outsized share of the state’s riskiest policies because it is the insurer of last resort for home and building owners who can’t get coverage elsewhere.
Brian Jones Rick Sharga During a State Assembly hearing last March, San Diego State Sen. Brian Jones’s office told SD METRO, FAIR Plan President Victoria Roach reported it had $700 million in cash. As ...