CNBC's Contessa Brewer joins 'Power Lunch' to report on California’s FAIR Plan that provides insurance to homeowners who ...
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...
Harvey Rosenfield, Consumer Watchdogs, talks about the California FAIR Plan’s $1 billion bailout and the plan to impose a ...
In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...
California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
LA Times on MSN13d
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resortThat’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
The California FAIR Plan Association, a consortium of all insurers licensed to provide property insurance in the state, has ...
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the state Insurance Department said ...
The California Fair Plan (CFP) has already paid out more than $700mn for damages related to this year’s Los Angeles wildfires ...
Officials say that the $1 billion bailout is the largest in the history of the FAIR Plan, and will likely raise the future cost of home insurance in the state ...
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