California FAIR Plan insurance supplies coverage to homeowners and business owners who don’t qualify for traditional property insurance.
With more and more insurers pulling out of the state's fire insurance market, homeowners are being pushed into a program called the California FAIR Plan—an insurer of last resort for those in high-...
Many Californian homeowners have turned to the FAIR Plan for wildfire coverage after other insurers dropped them. Its rates, already high, are likely to rise.
Unlike most states, California heavily regulates its property insurance... the California Fair Access to Insurance Requirements (FAIR) Plan. The plan is primarily funded by policies sold to...
raise California homeowners’ insurance rates More than 419,000 properties are currently insured by the FAIR plan, which... commercial property owners. The higher limits will be available...
The California FAIR Plan, the state’s property insurer of last resort, wrote a record number of new policies in February.
Proposed reforms of the California Fair Plan, the state's insurer of last resort, slammed by consumer group as a 'bailout' for the insurance industry.
A new plan from California's insurance commissioner aims to keep the nation's top insurers from leaving the wildfire-prone state.
FAIR Plan is a critical insurance option for California residents and businesses ; Established more than 50 years ago to provide insurance options for Californians, the FAIR Plan’s mission is to protect consumers. The Department of Insurance, led by Insurance Commissioner Ricardo Lara, exercises oversight under California law to make sure the FAIR Plan addresses the changing needs of Californians. While created by the Governor and Legislature, the FAIR Plan is a private association whose day-to-day operations are controlled by insurance compa ...
of property and casualty insurance, citing inflation, a challenging reinsurance market and... The state pool — the California Fair Access to Insurance Requirements Plan — provides basic...