The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...

“The FAIR Plan does not have a role in determining how insurers manage costs associated once an assessment is approved,” the ...

The devastating wildfires in the Los Angeles region earlier this year have caused enormous financial strain on recovery mechanisms, such as the ...

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 ...