As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los ...
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...
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 ...
In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
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