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 ...
Hosted on MSN9d
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
State regulators on Tuesday approved a $1 billion bailout of California's insurer of last resort, the FAIR Plan, which covers ...
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 ...
UVA Today3h
Who Pays for California’s Wildfires? UVA Law Expert Weighs In
Losses in the state are expected to exceed $250 billion. A leading scholar in insurance law says the question isn’t if ...
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’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 Spectator7d
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 ...
California Insurance Commissioner calls on insurance companies to bail out FAIR Plan
As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...
Yahoo Finance8d
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 Finance9d
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 ...
Business Insider9d
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
State regulators on Tuesday approved a $1 billion bailout of California's insurer of last resort, the FAIR Plan, which covers those who can't find insurance on the private market. The bailout will ...