California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...
California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
The California Department of Insurance said Tuesday they will allow the FAIR Plan, designed for Californians who can’t get coverage on the private market, to collect $1 billion from insurers ...
California’s insurance commissioner approved a plan Tuesday, Feb. 11, to keep the state’s insurance of last resort solvent by ...
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 FAIR Plan is suitable as the insurer of last resort,” he said, adding that while it provides coverage, it comes with ...
The FAIR Plan is an insurance pool that all the major private insurers pay into, and the plan then issues policies to people who can’t get private insurance because their properties are deemed ...
Since then, the FAIR plan has been inundated with claims for damage by homeowners who lost everything — and who had not been able to get coverage on the private market. To date, the plan has ...
Here’s what you need to know about reciprocal tariffs and who might be impacted by Trump’s plan. Reciprocal tariffs refer to ...
Harvey Rosenfield, Consumer Watchdogs, talks about the California FAIR Plan’s $1 billion bailout and the plan to impose a ...
State regulators said Tuesday that they will allow the program, known as the FAIR Plan, to collect $1 billion from private insurance companies doing business in California to pay its claims.
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
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