Consumer advocates cite an ongoing crisis while industry representatives say recent regulatory changes are just taking effect ...
The FAIR Plan, California’s last-resort insurance program for homeowners needing fire coverage, is seeking approval for steep rate hikes averaging 35.8%, though some policyholders could actually see ...
In the closing days of the legislative year, California lawmakers sent Gov. Gavin Newsom a bill that is meant to toughen scrutiny of the state’s embattled fire insurer of last resort by insisting that ...
The FAIR Plan is California’s “insurer of last resort,” a state-mandated syndicated insurance plan that offers basic property insurance to those who cannot obtain insurance from a traditional carrier.
This year the insurance chief is working on legislation to expand FAIR Plan options while at the same time reducing its ...
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