In an exclusive interview with the Chronicle, FAIR Plan President Victoria Roach for the first time disclosed the answer: ...

California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...

In 2023, the plan raised rates for policyholders an average 15.7%. The FAIR Plan has not yet filed for another increase, and ...

"We are one event away from a large assessment," Victoria Roach, president of the FAIR Plan, told the California state legislature last year. "There’s no other way to say it, because we don’t ...

"Let's take the FAIR Plan president (Victoria Roach) at her word. She said that FAIR Plan can handle their exposure," says Bach. Still, Stanford professor, Dr. Michael Wara says much of the ...

Last March, FAIR Plan President Victoria Roach told the provider only had $700 million in cash on hand. Should it run out of money, state law gives the FAIR Plan the ability to pass the hat among ...