California FAIR Plan gets $1 billion assessment to head off insolvency
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California FAIR Plan, the insurer of last resort, received approval to assess member carriers $1 billion to help pay its ...
Orange County Register13d
FAIR Plan gets 4,400 insurance claims from LA County wildfire victims
In earlier statements, the FAIR Plan said it can only tap into reinsurance — essentially insurance for insurance companies — ...
Pasadena Star-News13d
FAIR Plan gets 4,400 insurance claims from LA County wildfire victims
“The FAIR Plan is accessing reinsurance to help ... See also: Why all California homeowners could be on the hook for LA County wildfire costs The damage caused by the wind-fueled firestorms ...