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A couple whose home was damaged in the Palisades fire filed a lawsuit Monday against the California FAIR Plan, the state's ...
LOS ANGELES (KABC) -- California's FAIR Plan is often a last resort for people who can't get insurance for their homes. Since the Los Angeles wildfires in January, many people who lost their homes ...
The Times found that in the Palisades and Eaton fire zones, the FAIR Plan’s rolls shot up last year a combined 47%. From 2020 to 2024, the number of homes in both areas on the plan nearly ...
While it doesn’t sound that bad on the surface — homeowners can still purchase policies — it appears as though having more ...
By shrinking their presence in California, the class action lawsuit contends, insurers conspired to force homeowners onto the state’s FAIR Plan, an expensive last-resort insurance program.
The California FAIR Plan (the FAIR Plan) was created to provide insurance for high-risk properties that are difficult to insure through private carriers. It is a private association made up of ...
The Jungwirths, who moved to Pacific Palisades last June with their three-year-old daughter, purchased a FAIR Plan policy after struggling to find other home insurance options. On January 7 ...
California’s troubled fire insurance market has pushed increasing numbers of homeowners onto the state’s high-risk FAIR Plan. In San Diego alone, FAIR Plan coverage quadrupled over the last few years.
As natural disasters continue to impact the insurance market, Texas has seen a surge in policyholders relying on the Texas FAIR Plan Association for coverage. Private insurers considering entry ...
A recent investigation by CBS News found that since many private insurance companies have stopped issuing new policies, homeowners are being forced into the state’s insurance plan, the FAIR plan ...
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