California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...
The decision was made to ensure the FAIR Plan can continue covering consumer claims following the southern California ...
The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR ...
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
Ordering the insurance companies' FAIR Plan to continue swiftly paying claims to Southern California wildfire survivors, Insurance Commissioner Ricardo Lara today took action to maintain its solid ...
Hosted on MSN15h
California Insurance Commissioner calls on insurance companies to bail out FAIR PlanAs California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...
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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's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los ...
Owners of homes lost in L.A. wildfires may not have to tally their burned stuff to be paid back by insurance companies.
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