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 ...
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
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 ...
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 ...
FAIR Plan gets 4,400 insurance claims from LA County wildfire victims
California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up ...
Opinion
The FAIR Plan Was Meant to Insure Against Racism, Not Wildfires
The California program was created to protect urban neighborhoods. Now it’s become an incentive to build in fire-prone areas.
Los Angeles Times4d
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resort
More than 4,400 fire-affected homeowners in Los Angeles County have filed insurance claims with the state’s insurer of last resort — the California FAIR Plan. That’s enough to kick the plan ...
Los Angeles Daily News5d
FAIR Plan gets 4,400 insurance claims from LA County wildfire victims
See also: Anguished homeowners struggle to keep their insurance However, it’s not yet clear if the FAIR Plan needs to invoke these payment mechanisms. “We have not yet asked the California ...