LA neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
FAIR, with its high premiums and basic coverage, was designed as a temporary safety net until policyholders find a more ...
State Farm seeks an emergency insurance rate increase
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market ...
LA neighbors face vast inequality in rebuild due to insurance crisis
Even next-door neighbors face starkly contrasting fortunes and unequal recovery, as nation's home insurance crisis grows.
Mansion Global1d
Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims
California’s insurance authority has launched an online tracking tool that shows how much money has been paid out in claims ...
State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...
San Jose Pay Plan Stiffed Firefighters on Overtime, Judge Rules
Approximately 200 San Jose, Calif., firefighters can recover unpaid overtime that they missed out on under the city’s wage ...
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 ...
Opinion
R Street Institute2dOpinion
Why the Los Angeles wildfires were so expensive
The FAIR Plan basically has two options, said Jerry Theodorou, who leads insurance research at the R Street Institute, a free market think tank. In the first, the FAIR Plan could issue an emergency ...