California seeks $1 billion from insurers to shore up FAIR Plan after LA fires
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 of land in and around Los Angeles last month.
California homeowners to face new fees to keep fallback insurance plan solvent
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special charge of $1 billion on homeowners and insurance companies, the first such move in more than three decades.
California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-created safety net program ...
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
If you’re considering enrolling in a Medicare Advantage plan (also known as Medicare Part C) in California to meet your ...
The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.
12hon MSN
The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...
Before thousands lost their homes in the recent Los Angeles wildfires, many had lost their insurance. Some residents found ...
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$1.1 Billion Loss For Allstate Amidst California FiresJust months before the Southern California wildfires, many insurance companies, including Allstate, backed out of the ...
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