California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
California’s $1 Billion Insurer Bailout Deepens Housing Strains
California’s housing market is already one of the most expensive in the country. A San Francisco condo can cost as much as a ...
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
Bay Area homeowners likely to pay for California FAIR Plan insurance bailout
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
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 ...
California FAIR Plan insurance $1 billion bailout | On Your Side
Harvey Rosenfield, Consumer Watchdogs, talks about the California FAIR Plan’s $1 billion bailout and the plan to impose a ...
California’s FAIR Plan gets $1 billion bailout as wildfire claims in the US state surge
California’s FAIR Plan is receiving a $1 billion bailout after running out of funds to cover wildfire claims, highlighting ...
The American Spectator5d
After the Wildfires, a Predictable Bailout
As property owners struggle to find insurance policies, they’ve increasingly had to rely on the FAIR Plan (Fair Access to ...
Yahoo Finance5d
California’s $1 Billion Insurer Bailout Deepens Housing Strains
Now, the Los Angeles wildfires are likely to add another financial burden to households across the state. A $1 billion assessment announced Tuesday for California’s FAIR Plan, the state-mandated ...
Yahoo Finance6d
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
The bailout will likely lead to higher insurance premiums for California homeowners. This situation could escalate the state's insurance crisis and convince more insurers to leave. Property owners ...