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 ...
Harvey Rosenfield, Consumer Watchdogs, talks about the California FAIR Plan’s $1 billion bailout and the plan to impose a ...
Officials say that the $1 billion bailout is the largest in the history of the FAIR Plan, and will likely raise the future cost of home insurance in the state ...
The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.
As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...
Bay Area homeowners will likely 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 ...
The main wildfires in California have subsided, but calculating the damages — both financial and emotional — is a challenge ...
Most homeowners insurance policies cover fire and smoke damage, but some insurers may limit or not offer coverage if your risk is higher. You should contact an insurance agent or broker if you need ...
Wildfires are an unfortunate reality in many parts of California, especially our beautiful Santa Barbara community. With increasing risks, it's essential to ensure your home is properly protected ...
The California insurance crisis laid bare by the Los Angeles fires was fueled by "regulatory failure," economist Nancy ...
How can insurers in Los Angeles navigate complex claims efficiently while building trust? Discover strategic insights and ...
Knight2025 PresidentSanta Barbara Association of Realtors Wildfires are an unfortunate reality in many parts of California, ...