It was a grueling routine. 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. They would navigate ...
State Farm’s move comes as California’s insurance sector faces an unprecedented crisis. Last year, the company opted not to ...
More worrisome may be the solvency of the California FAIR Plan ... state's insurer-of-last-resort, the FAIR plan, which has seen an over 200 percent growth since 2018. The last couple years ...
the state-backed California FAIR Plan has grown, and as of Sept. 30, 2024, the exposure in Los Angeles County was US$112.2 billion, with a year-over-year growth of 53%. Los Angeles County exposure ...
MORE: Los Angeles 'not prepared' for size, growth of raging wildfires ... options has a growing number of California homeowners flocking to the FAIR Plan, the state's insurer of last resort.
CALIFORNIA WILDFIRES DEVASTATE LOS ANGELES ... and insurers are raising concerns about the sustainability of the FAIR Plan's growth. The FAIR Plan's exposure increased by $174 billion, or more ...
The deadly wildfires that have devastated the greater Los Angeles region in Southern California over the last week are estimated to be the costliest in the state's history, which will leave ...
Victoria Roach, president of the California FAIR Plan, warned a state legislative ... FAIR has struggled to manage the logistics of its growth, which had led to problems like very long wait ...
Even before this winter’s wildfire season arrived, officials in the region had warned that the California FAIR plan, an insurer ... monetary policy to stimulate growth. TikTok’s big day ...
As a result, California's FAIR Plan, which offers fire insurance to ... CAL FIRE said in an update issued Saturday morning that "minimal fire growth was observed today." "Priorities for tonight ...
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