Gov. Wes Moore borrowed pieces of the $1.6 billion Fair Share plan for his budget. Its architects want him to go further.
Gov. Wes Moore’s proposed tax increases on wealthy Marylanders don’t go far enough, according to a growing coalition of ...
California’s FAIR Plan, the home insurer of last resort, may need a bailout after the L.A. fires
California's Fair Plan, the state's insurer of last resort, may be unable to pay billions in claims arising from the Los ...
What happens if CA FAIR Plan goes bankrupt? Here's how it could affect policyholders
"You can bet that if the FAIR Plan goes bankrupt - and it's a good bet it will - the insurance companies will come after us ...
insurancebusinessmag3d
Revealed - California FAIR plan faces $4.8 billion exposure from LA fires
The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...
What a bailout for the FAIR Plan could mean for San Diegan homeowners
With non-renewals and coverage drops, many Californians are insured against fire through the California FAIR Plan. However, the plan is on rocky ground after the LA fires.
Hours of calls. Delayed payouts. What FAIR Plan coverage is like for some Californians whose homes have burned
It was a grueling routine. For months after their home burned down in the 2021 Caldor Fire, Jennifer McKim-Hibbard and her husband would wake up and call the California FAIR Plan. They would navigate ...
FAIR Plan coverage caps at $3 million: Here's why experts are worried about Bay Area housing market
"There's no question there's going to be a lot of people impacted by this fire and their insurance falls short," said Amy ...
Homeowners in California could pay a surcharge of $1,000 or more if FAIR Plan runs dry
Consumer Watchdog, a non-profit group that has previously sounded alarms about FAIR's solvency, warned last year that ...
Los Angeles Times8d
California’s FAIR Plan, the home insurer of last resort, may need a bailout after the L.A. fires
To remain solvent, California’s Fair Plan may turn to its member insurers for financial help and prompt them to levy surcharges on policyholders. The California FAIR Plan Assn., the state’s ...
Californians could face insurance surcharges if Los Angeles fire claims deplete FAIR Plan
Changes to the way the insurance industry is regulated in California may mean all of the state's residents will be paying for ...
insurancebusinessmag9d
FAIR Plan policies surge 85% in Pacific Palisades amid wildfire threat
Statewide, the FAIR Plan reported a year-over-year increase of 49,823 residential policies in 2023, bringing the total to 324 ...