The California Fair Plan (CFP) has already paid out more than $700mn for damages related to this year’s Los Angeles wildfires ...
LA Times on MSN9d
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resortThat’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
A new commentary from AM Best noted that California policyholders increasingly turned to the state’s insurer of last resort ...
This alert begins our series discussing legal issues related to the Southern California wildfires. We will continue to provide updates as ...
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 ... the FAIR Plan has seen its policy ...
These days, the FAIR (Fair Access to Insurance Requirements) Plan ... policies at rates and policy language approved by the state’s insurance department. Only 0.5 percent of homeowners in ...
California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up providers.
In a statement released Thursday, Jan. 30, the California FAIR ... owner in the state. The FAIR Plan provides coverage for homes and businesses that can’t get policies on the open market.
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