Once thought of as a small, rarely-used backstop, the FAIR Plan is now one of the largest insurers in the state, and people without FAIR Plan insurance are the ones on the hook for the FAIR Plan's ...
CBS News Investigative Reporter Julie Watts takes a deep dive into the secrets inside California's FAIR Plan, which is ...
The state’s homeowners insurance, which several thousand Islanders rely on, has announced a new policy change that will make it possible to fully insure homes worth over a million dollars. The ...
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 ...
New Mexico Superintendent of Insurance Alice Kane (pictured above) has instituted an interim maximum residential property limit of $750,000 for New Mexico Fair Plan policies.
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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