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Total insured losses from the Southern California wildfires earlier this year are estimated to be as high $45 billion.
The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to ...
California’s last-resort insurance program says it’s in dire financial straits after the Los Angeles wildfires.
The lawsuit claims insurers conspired to force homeowners onto the FAIR Plan, a last-resort insurance program.
AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last ...
The Fair Plan Assn. is run by licensed property and casualty companies to offer insurance to home and business owners who cannot obtain insurance through the commercial market. The insurers ...
Los Angeles wildfire victims brought two antitrust suits against several insurers in the state, alleging they forced ...
SACRAMENTO, Calif. (AP) — Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit ...
Colorado will launch the state’s new, last-resort homeowners insurance program — known as the FAIR Plan — on Thursday even as this summer’s weather conditions could be ripe for severe ...
As more people in California lose private insurance, the state's FAIR plan is filling up with homes in places the industry itself has classified as low-risk for wildfire.
Two lawsuits allege major home insurance companies have colluded to limit coverage in wildfire-prone California communities​ and force homeowners onto the state's last-resort insurance plan​.
That’s especially true for some families forced onto the California FAIR Plan as a last resort after their original providers dropped them. James Borow filed claims the day after the ...