California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...
In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...
The $1 billion in additional funding for the state's FAIR Plan will ensure consumer claims are paid after the devastating ...
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
The Associated Press on MSN10d
California FAIR Plan needs $1 billion more to pay out claims from LA firesCalifornia’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...
California’s insurer of last resort reported that claims now are high enough to trigger “reinsurance” payments from back-up providers.
The $1 billion in additional funding for the state's FAIR Plan will ensure consumer claims are paid after the devastating wildfires in Southern California, Lara said. Members of the FAIR Plan ...
California’s FAIR Plan is receiving a $1 billion bailout after running out of funds to cover wildfire claims, highlighting ...
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
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