In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
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LAist on MSNTo keep California high-risk insurer solvent, homeowners will face a one-time assessmentThe FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.
California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light of SoCal wildfires ...
California's Public Consumer Claims Tracker Continues to Show Progress in Los Angeles Wildfire Claim Amounts, Payments, and ...
As of February 5, 2025, $6.94 billion has been paid out to insurance policyholders in Southern California for residential and ...
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