It was a grueling routine. For months after their home burned down in the 2021 Caldor Fire, Jennifer McKim-Hibbard and her husband would wake up and call the California FAIR Plan. They would navigate ...
The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...
California's Fair Plan, the state's insurer of last resort, may be unable to pay billions in claims arising from the Los ...
"You can bet that if the FAIR Plan goes bankrupt - and it's a good bet it will - the insurance companies will come after us ...
With non-renewals and coverage drops, many Californians are insured against fire through the California FAIR Plan. However, the plan is on rocky ground after the LA fires.
Changes to the way the insurance industry is regulated in California may mean all of the state's residents will be paying for ...
Gov. Wes Moore’s tax reform plan that would raise hundreds of millions of dollars more from Maryland’s wealthiest earners ...
Statewide, the FAIR Plan reported a year-over-year increase of 49,823 residential policies in 2023, bringing the total to 324 ...
An insurance pool created by officials in California to help residents in wildfire-prone areas could frustrate victims of the ...
The California FAIR Plan has an outsized share of the state’s riskiest policies because it is the insurer of last resort for home and building owners who can’t get coverage elsewhere.
Changes to the state's Fair Access to Insurance Requirements (FAIR) plan could result in additional costs for all policyholders to cover wildfire losses. According to the National Association of ...
The California FAIR Plan Assn., the state's property insurer of last resort, was born of smoldering ashes — not of a wildfire, but of one of the worst urban disturbances in U.S. history.