It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
The funds will help the state’s insurer of last resort pay claims to thousands of homeowners affected by the wildfires.
In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s ...
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...
In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
10:25 a.m.: Beginning Feb. 10, FEMA Disaster Recovery Centers will operate with new hours. They will be open 7 days a week ...
State Farm is requesting a 22% rate increase for California homeowners, citing $1 billion in recent claims and mounting ...
A new online tool that tracks insurance payouts stemming from wildfires that devastated parts of Los Angeles County ... expenses. California Insurance Commissioner Ricardo Lara announced the ...
Ordering the insurance companies’ FAIR Plan to continue swiftly paying claims to Southern California wildfire survivors, Insurance Commissioner ...