Southern California Fair

California, insurance

California homeowners will pay temporary fees to help pay for wildfire insurance claims

California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light of SoCal wildfires

USA TODAY on MSN · 1d

Critical California insurer calls for $1 billion infusion to cover LA wildfire claims

California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.

The Washington Post on MSN · 2d

California’s insurer of last resort runs out of money to pay L.A. fire claims

In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s home insurance market is on shaky footing.

2don MSN

California homeowners will have to fund half of high-risk insurer’s $1 billion ‘bailout’

The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...

Insurancenewsnet.com2d

Lara takes action to ensure FAIR Plan can continue paying consumer claims after the Southern California wildfires

Ordering the insurance companies' FAIR Plan to continue swiftly paying claims to Southern California wildfire survivors, Insurance Commissioner Ricardo Lara today took action to maintain its solid ...

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