The reason the FAIR Plan is in dire straits is because it has so many policyholders in affected areas, including a ...
A California appeals court has limited the authority of Insurance Commissioner Ricardo Lara to administratively expand the basic coverage provided by the state’ s property insurer of last resort, the ...
The FAIR Plan, California’s last-resort insurance program for homeowners needing fire coverage, is seeking approval for steep rate hikes averaging 35.8%, though some policyholders could actually see ...
In the closing days of the legislative year, California lawmakers sent Gov. Gavin Newsom a bill that is meant to toughen scrutiny of the state’s embattled fire insurer of last resort by insisting that ...
Despite a court loss and sanctioning by state regulators, California's home insurer of last resort continues to deny smoke damage claims from the January wildfires — even when toxic substances have ...
A California appeals court this month turned down an effort by Insurance Commissioner Ricardo Lara to force the state's insurer of last resort to add more coverage to its basic fire policies.
California Gov. Gavin Newsom signed a bipartisan bill Thursday that aims to prevent the state's home insurer of last resort from running out of money following a natural disaster.The FAIR Plan is an ...
The California FAIR Plan, the state’s backup insurance provider, is asking to raise its coverage rates by an average of 35.8% for homeowner policies. That’s according to a recent filing with the ...
A summer tradition in Sacramento will soon be moving to a slightly later, and hopefully cooler, date in the coming years.
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