Gov. Wes Moore borrowed pieces of the $1.6 billion Fair Share plan for his budget. Its architects want him to go further.
Gov. Wes Moore’s proposed tax increases on wealthy Marylanders don’t go far enough, according to a growing coalition of ...
California’s FAIR Plan, the home insurer of last resort, may need a bailout after the L.A. fires
California's Fair Plan, the state's insurer of last resort, may be unable to pay billions in claims arising from the Los ...
What a bailout for the FAIR Plan could mean for San Diegan homeowners
With non-renewals and coverage drops, many Californians are insured against fire through the California FAIR Plan. However, the plan is on rocky ground after the LA fires.
insurancebusinessmag1d
Revealed - California FAIR plan faces $4.8 billion exposure from LA fires
The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...
What happens if CA FAIR Plan goes bankrupt? Here's how it could affect policyholders
"You can bet that if the FAIR Plan goes bankrupt - and it's a good bet it will - the insurance companies will come after us ...
Insurance Insider4d
Fair Plan confirms $900mn retention, $5.78bn re exhaustion point
The California Fair Plan (CFP) has confirmed its reinsurance programme attaches at $900mn, with a limit of $5.78bn and ...
California Insurers Will Survive Fires—But FAIR Plan Faces Big Questions
Newsweek asked experts on the insurance market if they expect insurers to survive the financial fallout of these fires.
insurancebusinessmag7d
FAIR Plan policies surge 85% in Pacific Palisades amid wildfire threat
Statewide, the FAIR Plan reported a year-over-year increase of 49,823 residential policies in 2023, bringing the total to 324 ...
California's FAIR Plan faces financial strain amid Los Angeles wildfire crisis
Los Angeles wildfires highlight California's insurance crisis as the FAIR Plan faces challenges with limited funds to cover ...
Californians could face insurance surcharges if Los Angeles fire claims deplete FAIR Plan
Changes to the way the insurance industry is regulated in California may mean all of the state's residents will be paying for ...