CBS News Investigative Reporter Julie Watts takes a deep dive into the secrets inside California's FAIR Plan, which is ...
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 ...
If Florida needs a cautionary tale, it should look no further than California. A few years ago, Florida’s insurance market ...
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, ...
Berkshire Hathaway and Nephila Capital were among the largest capacity providers to the California Fair Plan at its recent ...
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 ...
After being signed into law in 2023, Colorado’s Fair Access to Insurance Requirements Plan goes into effect this spring.
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