California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
As of February 5, 2025, $6.94 billion has been paid out to insurance policyholders in Southern California for residential and ...
California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
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LAist on MSNTo keep California high-risk insurer solvent, homeowners will face a one-time assessmentThe FAIR Plan will impose a special charge on insurers and homeowners to cover $1 billion in L.A. wildfire costs.
In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s ...
California's insurer of last resort for fire insurance says it needs $1 billion to ensure it can continue paying claims in the wake of the Palisades and Eaton wildfires. And State Insurance ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
The state’s insurance of last resort is charging a $1 billion special assessment to private insurance providers, a move ...
As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member insurers to shore up the state-backed FAIR Plan after wildfires ravaged swathes ...
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los ...
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