The Fair Plan last year only had around $2.5bn of reinsurance cover part-placed across a layer attaching at $900mn and exhausting at $5.75bn. Despite market expectations that the 2024 treaty would be ...
Trump’s reciprocal tariffs plan targets India’s high trade surplus, aiming to lower barriers in key sectors such as ...
Berkshire Hathaway and Nephila Capital were among the largest capacity providers to the California Fair Plan at its recent ...
Also see: California homeowners will pay part of FAIR Plan’s $1 billion assessment A $1 billion assessment for California’s FAIR Plan, the state-mandated insurer of last resort, is expected to ...
The recent Los Angeles wildfires have underscored the growing vulnerability of homeowners in the urban-wildland interface, ...
The fire-insurance provider of last resort One measure would put the state’s top two lawmakers on the governing committee of the FAIR Plan, the association of insurance companies that’s ...