California FAIR Plan is running out of money; nearly all homeowners to help bail it out
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
California homeowners will pay part of FAIR Plan’s $1 billion assessment
The state’s insurance of last resort is charging a $1 billion special assessment to private insurance providers, a move ...
California homeowners will have to fund half of high-risk insurer’s $1 billion ‘bailout’
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
California homeowners will pay temporary fees to help pay for wildfire insurance claims
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
California’s insurer for people without private coverage needs $1 billion more for LA fires claims
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...
Critical California insurer calls for $1 billion infusion to cover LA wildfire claims
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
Insurance Business America1d
Revealed - insurers may recover up to half of $1B California FAIR Plan assessment
California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
Insurancenewsnet.com3d
California FAIR Plan gets $1 billion assessment to head off insolvency
A spokesman for the California Department of Insurance was not immediately available for comment on how big the assessments might be for private insurance members of the FAIR plan, or the costs ...
Bay Area homeowners likely to pay for California FAIR Plan insurance bailout
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
The Desert Sun3d
California homeowners will pay temporary fees to help pay for wildfire insurance claims
In a press release, the California Department of Insurance wrote the action is consistent with his Sustainable Insurance Strategy and FAIR Plan modernization order, issued last summer, which ...
WTHR4d
California's insurer for people without private coverage needs $1 billion more for LA fires claims
USA — California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the state Insurance ...