The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...
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 ...
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
The wildfires levied significant long-term damage, with thousands of homes destroyed, billions in damages and a worsening of ...
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
In August, Cal/OSHA issued a memorandum clarifying that driverless tractors and other agricultural vehicles may be used when ...
Price controls will suffocate a much more robust housing recovery in the Los Angeles area. What’s sad is that it was all so ...
State Farm is requesting a 22% rate increase for California homeowners, citing $1 billion in recent claims and mounting ...
The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...
California will collect $1 billion in special fees from insurance companies to make sure it can pay out Los Angeles fire claims filed with the Fair Plan, California's insurer of last resort, the state ...
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
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