The FAIR plan is requesting a billion dollar assessment to cover losses from the Palisades and Eaton Fire. What does this mean? The FAIR plan is broke, and is legally required to cover the claims it ...
Insurers and policyholders could be on the hook for $1 billion to cover claims from the Southern California wildfires.
WASHINGTON — President Donald Trump on Thursday rolled out his plan to increase U.S. tariffs to match the tax rates that ...
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California's insurer of last resort after it ran out of money to pay claims arising from the devastating Los Angeles ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
The California FAIR Plan, the state's insurer of last resort, has received approval to assess its member carriers $1 billion to help pay its L.A. fire losses -- with consumers possibly on hook for ...
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...
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.