The California Department of Insurance said Tuesday they will allow the FAIR Plan, designed for Californians who can’t get coverage on the private market, to collect $1 billion from insurers ...
Berkshire Hathaway and Nephila Capital were among the largest capacity providers to the California Fair Plan at its recent ...
The Fair Plan last year only had around $2.5bn of reinsurance cover part-placed across a layer attaching at $900mn and ...
The recent Los Angeles wildfires have underscored the growing vulnerability of homeowners in the urban-wildland interface, ...
Also see: California homeowners will pay part of FAIR Plan’s $1 billion assessment A $1 billion assessment for California’s FAIR Plan, the state-mandated insurer of last resort, is expected to ...
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